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HomeCommunityPost Detail

Crypto Patel

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Crypto Patel
@CryptoPatel

Market Update: #FTX Impact & $BTC Dumping 🤯

➡️ FTX emerges as key player in #GBTC outflow

➡️ FTX sells $1 billion of Grayscale's Bitcoin ETF

➡️ 22 million GBTC shares offloaded

🔰 Terraform Labs, led by Do Kwon, has filed for Chapter 11 bankruptcy protection, with an estimated range of $100 million to $500 million in both assets and liabilities.

#TerraformLabs #DoKwon #Chapter11 #Bankruptcy

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January 22, 2024 at 5:16 PM
Twitter@CryptoPatel|17:04 PM - Jan 22, 2024
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