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CoinGape

FTX estate's MPLX tokens sold to several crypto funds, source says

CoinGape
Summary
Nutrition label

66% Informative

Crypto funds purchased most of FTX estate's MPLX tokens from Wave Digital Assets , originally held by FTX .

FTX initially owned 72.6 million tokens, as indicated by bankruptcy filings.

Only 7.5 million tokens remain, all of which will be fully unlocked on September 19 .

Metaplex enables the creation of digital assets, including both fungible and non-fungible tokens.

VR Score

58

Informative language

56

Neutral language

53

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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