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Missed Billions: FTX Assets Could Have Reached $114B Today


FTX’s former assets could be worth $114B today, showing huge missed gains after bankruptcy sales and market recovery.

The collapse of FTX still creates new headlines today. Recently, a post linked to Sam Bankman-Fried shared surprising figures. It asserted that the best assets of FTX might be valued at $114B. But these assets were sold previously in bankruptcy.

FTX Asset Sales Reveal Massive Missed Opportunities

In 2022, FTX went bankrupt due to a suddent collapse. Thus, its legal department started to sell assets rapidly to pay users. These sales were based on court-approved plans and were intended to refund. Nevertheless, a lot of assets were sold prior to the recovery of markets.

The claim states that six important holdings might be of enormous value now. The biggest one is Anthropic, a company of artificial intelligence. Early investment in this company gave FTX an ownership of approximately 8% of the company.

First, FTX had invested almost half a billion dollars in Anthropic. This stake was later sold to bankruptcy at approximately 880M. But recent estimates indicate that the stake may now be as high as $82B to 88B. Therefore, this became the biggest missed gain.

Tech and Crypto Investments Surge After Bankruptcy

Another significant holding was Solana or SOL tokens. In 2022, the price fell significantly, but since then, it has risen sharply. Consequently, the assets of FTX might have a new value of approximately 5.1B.

Likewise, investments in SpaceX and Robinhood were growing well. These assets are now worth approximately $15B and 4.9B, respectively. Hence, various industries were contributing to this lost prosperity.

Moreover, Alameda Research was also an early investor in Cursor. In 2022, it invested almost half of the company’s funds in the amount of $200K. This stake was sold later at the same price of 200K. The value of Cursor today would be approximately 3B, and it is an enormous missed opportunity.

Another example is Mysten Labs, which is associated with the SUI project. FTX had invested 100M and sold at 96M. But this investment may have reached up to 4.8B in 2024, when it peaked. Thus, there were several decisions that resulted in huge gains being missed.

Forced Sales During Bankruptcy Process

These losses were largely a result of forced sales in the case of bankruptcy. The company required immediate funds to settle its creditors in accordance with the law. Therefore, assets were sold based on 2022 prices, not future growth. This curtailed the gains of subsequent market recovery.

However, FTX has assured users that they will recover all their funds with interest. Repayments are made on the older 2022 valuations. Consequently, the recent increase in asset values will not be enjoyed by the users. This has caused concern among most of the affected users.

Lastly, this scenario underscores the rapid recovery of tech and crypto markets. The development of artificial intelligence and blockchain industries accelerated after 2022. Therefore, FTX’s story shows how timing can change financial outcomes. It is also an indication of the speed at which markets can change and make or break billions.





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