Solana co-founder Anatoly Yakovenko argued that it would be better for FTX to distribute its SOLs directly to its customers.
In November of last year, FTX experienced a rapid collapse, affecting the entire crypto ecosystem. Millions of users lost money in this crash, starring Sam Bankman-Fried. FTX and its sister company Alameda Research have evaporated more than $1 billion from the crypto market. The project most affected by this collapse was Solana. Solana is in a bind for previously selling SOL to FTX and Alameda.
Optimistic solution from Solana co-founder
FTX, which plans to return to the market with a restructuring, has SOL. Solana co-founder Anatoly Yakovenko came up with an optimistic solution for these SOLs.
Months later, FTX’s comeback signal hit the market. The new management of FTX, on the other hand, has sacrificed its digital assets. Addressing this situation where the sales probability is high, Solana founder Anatoly Yakovenko stated that it would be better for FTX to distribute the SOLs it holds to its customers.
Although it is not known exactly how much SOL FTX has, it has at least $ 134 million in assets. Selling this asset directly in the market may create a negative atmosphere for the market. Addressing FTX, which holds 7,000,000 SOLs, Yakovenko pointed out that a win-win result could occur.
“My wish would be for SOL to be distributed directly to all FTX customers,” Yakovenko said. The Solana co-founder described this as the most lucrative path for everyone.
Solana revealed last year that it had sold a total of 58,086,686 SOLs to FTX and sister trading firm Alameda Research, worth $1.1 billion today.
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