🚀 Good news for broke FTX users! A bankruptcy court has approved FTX to liquidate $3.4 billion worth of crypto assets. Former FTX CEO Sam Bankman-Fried may remain in prison until his trial in October.

Here is a summary of the news:

- FTX is permitted to sell crypto assets in the form of Solana (SOL), Bitcoin (BTC), Ethereum (ETH), and other tokens worth $3.4 billion.

- SOL was FTX's largest asset at $1.16 billion, followed by BTC ($560 million), ETH ($192 million), and Aptos (APT) at $137 million.

- The ad hoc committee of non-US customers and the official creditors committee supported this decision.

- FTX plans to choose Galaxy Digital to sell, mortgage and secure their crypto assets.

What do you think about this decision? Will this help affected FTX users? Come on, discuss it in the comments column! 😄

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