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Insider: FTX estate will auction the third batch of locked SOL on May 9

2024-05-08 09:46
Odaily News FTX estate will sell the third batch of locked SOL this week. According to people familiar with the matter, the auction is scheduled for May 9. The auction amount is not yet clear. FTX estate is selling about 41 million locked SOL. These tokens will be unlocked over a four-year period and staking rewards will be issued according to a vesting schedule. (The Block)