X @Zhu Su

One of the more bizarre details of ftx estate is that FTT was deemed worthless but megaSerum (the 7yr locked deals that many ftx ogs got for near free) was assigned a valueA common trade in nov 2022 was to buy ftt going into ftx fud under the logic that 1) either it is solvent and you make money or 2) it goes down and ftt is worthless. There actually ended up being huge gradations in between, the best would’ve been to sell everything to usd and rebuy sol in other accountsThis is a bit similar to gox in that ...