Big news in the world of cryptocurrency! Remember FTX, the company that had some big problems? They're starting to give back money to people who lost it. This is a really slow process, like returning lost toys one by one!
- FTX is paying back people who lost less than $50,000 first.
- They'll pay back about $1.2 billion this week.
- Some experts think this won't change the prices of Bitcoin (BTC) and Solana (SOL) much.
- Others worry that the release of a huge amount of Solana could make its price go down.
Thing | Number |
---|---|
Total money to be returned | $14.7 billion - $16.5 billion |
Money returned this week | $1.2 billion |
Solana tokens to be released | 11.2 million |
Bitcoin and Solana's prices went down a bit because of this news. It's important to remember that investing in cryptocurrency is risky!