Solana Keeps on Crumbling Due to FTX Ties

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Solana – a crypto that’s otherwise known as SOL to its personal holders – continues to shed value given it’s so tied to the fallen crypto exchange FTX and its disgraced head executive Sam Bankman-Fried. Solana Isn’t Doing Too Well FTX is currently in the process of filing bankruptcy. Sam Bankman-Fried is accused of lending out approximately $10 billion in user funds to his other company Alameda Research, which was supposed to be a separate and independent entity from FTX. By conjoining them through loan activity, he broke several agreement terms and is now awaiting trial for fraud and other

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Author: NixCoin

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