1Confirmation
“FTX faces backlash after proposed estimation of customers’ Bitcoin at $16k, ETH at $1258, and SOL at $16. FTX debtors argue that its estimate reflects the “fair and reasonable” prices of these cryptocurrencies”.
https://cryptoslate.com/ftx-faces-backlash-after-proposed-estimation-of-customers-bitcoin-at-16k/ “As such, the defunct crypto platform proposed estimating Bitcoin’s value at $16,871, Ethereum’s price at $1,258, and Solana’s SOL at $16. The firm also estimated Avalanche’s AVAX at $14.19, stablecoins USDT, TUSD, and BUSD a few cents less than their usual $1 peg. The value of many of these Read more…