Solana Foundation Lost Nearly $200 Million After FTX Collapsed – This is What You Need to Know

Read full article at Crypto News.

The Solana Foundation lost close to $200m in the epic collapse of crypto exchange FTX, and says it remains an open question if any of it can be recovered in the aftermath of the bankruptcy.
According to a newly updated report, the Solana Foundation held approximately $1m in cash, 3.43m FTT tokens and 134.54m SRM tokens on FTX as of November 6, the date when the exchange ceased to process customer withdrawals….
Read More: Solana Foundation Lost Nearly $200 Million After FTX Collapsed – This is What You Need to Know

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CryptosOnline.com does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

#Bitcoin #Crypto #Cryptocurrency