On The Brink with Castle Island cover image

Weekly Roundup 08/26/22 (Emmer's OFAC letter, Stables resist TC blacklists, Gensler's OpEd) (EP.343)

On The Brink with Castle Island

CHAPTER

Is F T T a Nine Point Eight Billion Dollar Market Cap?

Exchange tokens have got to be just the sloppiest things to clean up in a liquidation, or an emona. I think you'd have to do one time equity distribution to token holders that could qualify for it. There's no precedent for any of the stuff. And so know, there have been tokens that falled it as you have seen situations where a tokens were converted into equitya through a sort of acclaiming process.

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