- FTX estate can sell up to $100M USD worth of tokens per week and that can be increased up to $200M/week.
- Selling tokens (on the open market) must respect any associated vesting/unlock schedule —> FTX can still do an OTC deal but the buyer must then abide by the relevant schedule.
For example the majority of FTX sol holdings won’t be available to sell#ContentStar
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How to FTX lawsuit went 👇
- FTX estate can sell up to $100M USD worth of tokens per week and that can be increased up to $200M/week.
- Selling tokens (on the open market) must respect any associated vesting/unlock schedule —> FTX can still do an OTC deal but the buyer must then abide by the relevant schedule.
For example the majority of FTX sol holdings won’t be available to sell#ContentStar