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monkeybawz t1_ivy2jio wrote

Was at £32bil, now at £0?? Seems like an opportunity to me! Ima buy the dip!

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Utoko t1_ivyfki6 wrote

They are talking about the company valuation FTX, which went to 0$. If a company has way more debt than assets 0$ is also not a good deal. The company needs $8 billion as liquidity to start up again.

The company token is FTT which went from 78$ at the peak to now 3$.

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monkeybawz t1_ivyfy61 wrote

If it went from $78 to $3, I can only imagine that when I swings back up it will hit $20-30k

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Intelligent-Way-432 t1_iw03sfr wrote

But what will happen for those who had lets say BTC on FTX. Will they be able to get that?

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