Anatoly Yakovenko, co-creator of Solana, has proposed a solution to the legal issues surrounding the collapse of FTX, a cryptocurrency exchange. Yakovenko has suggested that the 7 million SOL tokens held in FTX’s reserves be redistributed to the exchange’s former customers. This would not only provide compensation to those affected by the exchange’s bankruptcy, but also inject new life into the Solana network by introducing millions of new users.FTX and Solana had a close relationship prior to the exchange’s collapse, with Bankman-Fried, the former CEO of FTX, being a prominent advocate for SOL. The exchange’s bankruptcy resulted in the altcoin’s value plummeting from $260 to $8.Yakovenko’s proposal offers a unique opportunity to both compensate FTX customers and rejuvenate the Solana network. This could prove to be a win-win situation for both parties, injecting fresh optimism into the cryptocurrency community.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	8
People	Toly, Bankman-Fried, Sam Bankman-Fried, FTX Customers, Anatoly Yakovenko
Companies	FTX, TradingView.com, Solana, Sam Bankman-Fried, None
Currencies	NFT Stars, Solana, FintruX, Ethereum, Bitcoin
Securities	None