FTX 破产财产转为拍卖剩余的 Solana 控股

倒闭的加密货币交易所 FTX 计划拍卖其剩余的锁定 Solana (SOL) 代币，这标志着与之前固定价格销售的转变。此举旨在最大限度地提高回收价值，并将涉及建立特殊目的机构（SPV），以促进经过认可的美国和非美国投资者的参与。拍卖将允许基于社区的出价决策，1 美元等于一票，感兴趣的各方可以使用各种加密货币进行投资。

FTX Bankruptcy Estate Pivots to Auction Strategy for Remaining Solana Tokens

FTX 破产财产转向拍卖剩余 Solana 代币策略

New York, April 21, 2024 - The bankruptcy estate of the defunct cryptocurrency exchange FTX has announced a shift in its token liquidation strategy, opting for an auction-based sale of its remaining locked Solana (SOL) tokens. The decision is intended to optimize market value recovery, following the sub-market-price sales of its token holdings in recent weeks.

纽约，2024 年 4 月 21 日 - 已倒闭的加密货币交易所 FTX 的破产财产宣布改变其代币清算策略，选择通过拍卖方式出售剩余的锁定 Solana (SOL) 代币。该决定的目的是在最近几周以低于市场价格出售其持有的代币后，优化市场价值恢复。

The announcement was made by Mike Cagney, CEO of crypto exchange Figure Markets, via a tweet on April 20th, 2024. According to the tweet, the exact details of the auction will be released on Monday.

加密货币交易所Figure Markets首席执行官迈克·卡格尼(Mike Cagney)于2024年4月20日通过推文宣布了这一消息。根据该推文，拍卖的具体细节将于周一发布。

"Just got confirmation that the next round of locked #solana coins from the #FTX estate will be an auction, with exact details coming Monday. If you want in, join us," Cagney tweeted.

“刚刚得到确认，#FTX 庄园的下一轮锁定的 #solana 代币将进行拍卖，具体细节将于周一公布。如果你想参加，请加入我们，”卡格尼在推特上写道。

Departure from Previous Liquidation Method

偏离之前的清算方法

The auction model marks a departure from FTX's previous token liquidation approach, which involved selling tokens at fixed market prices. In March 2023, FTX began offloading its $7.5 billion stash of locked SOL tokens, often at substantial discounts. For example, one transaction recorded the sale of 26,964 SOL at $64 per token, representing a 67% markdown from the market value at the time.

该拍卖模式标志着与 FTX 之前的代币清算方式的背离，后者涉及以固定市场价格出售代币。 2023 年 3 月，FTX 开始出售其价值 75 亿美元的锁定 SOL 代币，通常价格大幅折扣。例如，一笔交易以每枚代币 64 美元的价格出售了 26,964 SOL，比当时的市场价值下降了 67%。

Community-Based Decision-Making

基于社区的决策

Figure Markets, an active participant in the upcoming auction, is establishing a Special Purpose Vehicle (SPV) to facilitate participation for both non-U.S. and accredited U.S. investors. The SPV will empower community-based decision-making on bid prices, with $1 equating to one vote. Interested parties can invest using U.S. dollars, USDC, Bitcoin, and Ether.

Figure Markets 是即将举行的拍卖的积极参与者，正在建立一个特殊目的机构 (SPV)，以促进非美国投资者和经过认可的美国投资者的参与。 SPV 将授权基于社区的投标价格决策，1 美元相当于一票。有兴趣的人可以使用美元、USDC、比特币和以太币进行投资。

Previous Sales and Involved Parties

过往销售及相关方

In August 2023, FTX appointed Galaxy Digital CEO Mike Novogratz as its investment manager, entrusting him with the oversight of the $3.4 billion sale of Bitcoin, Ethereum, Solana, and other cryptocurrencies.

2023 年 8 月，FTX 任命 Galaxy Digital 首席执行官 Mike Novogratz 为其投资经理，委托他监督比特币、以太坊、Solana 和其他加密货币 34 亿美元的销售。

In early March 2023, Pantera, a $5.2 billion asset manager, raised funds for a Pantera Solana Fund with the intent of purchasing up to $250 million of SOL from the FTX estate. Later that month, Neptune Digital Assets Corp. announced the acquisition of 26,964 SOL for $1.7 million.

2023 年 3 月上旬，价值 52 亿美元的资产管理公司 Pantera 为 Pantera Solana 基金筹集资金，打算从 FTX 资产购买高达 2.5 亿美元的 SOL。当月晚些时候，Neptune Digital Assets Corp. 宣布以 170 万美元收购 26,964 SOL。

Positive Reception from Creditors

债权人的积极响应

The transition to an auction-based sale method has been well-received by some FTX creditors, particularly those who felt disadvantaged by the earlier fixed-price sales. Suni Kavuri, an activist and vocal critic representing some of the creditors, commended the new approach for offering a more accessible entry point for smaller investors. The minimum investment for the auction is set at $5,000, compared to the previous $5 million threshold for direct purchases.

向基于拍卖的销售方式的转变受到了一些 FTX 债权人的欢迎，尤其是那些因早期固定价格销售而感到处于不利地位的债权人。代表一些债权人的积极分子和直言不讳的批评家苏尼·卡武里(Suni Kavuri)赞扬了这种为小投资者提供更容易进入的新方法。此次拍卖的最低投资额定为 5,000 美元，而之前直接购买的门槛为 500 万美元。

Legal Concerns and Class-Action Lawsuit

法律问题和集体诉讼

Kavuri has been a staunch opponent of how Sullivan & Cromwell—the law firm overseeing FTX's bankruptcy proceedings—has managed the exchange's assets. He contends that the firm's valuation methods have significantly undervalued the assets, potentially harming the creditors' potential recovery.

Kavuri 一直坚决反对 Sullivan & Cromwell（负责监督 FTX 破产程序的律师事务所）管理交易所资产的方式。他认为，该公司的估值方法严重低估了资产，可能会损害债权人的潜在复苏。

Kavuri's grievances are part of a broader class-action lawsuit against those involved in managing FTX's bankruptcy estate. The lawsuit seeks reparation for the alleged diminishment of the creditors' assets.

Kavuri 的不满是针对参与管理 FTX 破产财产的人员的更广泛集体诉讼的一部分。该诉讼寻求对债权人资产据称减少的赔偿。

Conclusion

结论

The FTX bankruptcy estate's decision to implement an auction-based sale for its remaining SOL tokens signals a shift in its token liquidation strategy. The move aims to maximize market value recovery and address concerns raised by creditors regarding the previous fixed-price sales. The auction details will be announced on Monday, and participation will be facilitated through a Special Purpose Vehicle set up by Figure Markets. The transition has been met with positive feedback from some creditors, while legal challenges related to the management of FTX's assets continue to unfold.

FTX 破产财产决定对其剩余的 SOL 代币实施拍卖出售，这标志着其代币清算策略的转变。此举旨在最大限度地恢复市场价值，并解决债权人对之前固定价格销售提出的担忧。拍卖细节将于周一公布，并将通过Figure Markets 设立的特殊目的工具促进参与。这一过渡得到了一些债权人的积极反馈，同时与 FTX 资产管理相关的法律挑战仍在继续出现。