FTX CEO Sam Bankman-Fried Finding Ways To Recover
November 11, 2022
Sam quote
retweeted
, “We hope this is just step one: beginning to find ways to bring liquidity to users.”
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He mentioned, “That is the core thing that I am
fighting for right now
, and will continue to fight for in whatever ways I can”.
FTX, in a
series of tweets,
made an announcement regarding the Tron Credit Facility.
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They detailed about the agreement with
Tron to establish
a special facility.
This will allow holders of TRX, BTT, JST, SUN, and HT to swap assets from
FTX 1:1 to external wallets.
According to the tweet, “The exact capacity of the
Tron
Token facility
will be determined weekly and future injections will occur at 14:00 UTC.”
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Also, they specified that amount to be deposited will depend on a number of factors such as
withdrawal demand.
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