FTX Distribution Rumors Debunked: No Imminent Payouts Despite Social Media FUD
Rumors abound on crypto social media suggesting that the embattled exchange FTX will start distributing as much as $11 billion to creditors on Oct. 1. “MartyParty” told his 116,000 X followers to sell their ETH, ADA, and DOT before this week’s distributions while shilling SOL and SUI. Meanwhile, crypto advisor Dan Held told his 720,000…