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You Won’t Believe What’s Left to Crash and Burn: Worldcoin Tokens Up for Grabs in Epic FTX Fire Sale!

AltcoinsBlockchainCrypto News Doug Martinez October 4, 2024

A illustration depicting a burning building with flames engulfing it in the background, while in the foreground a giant hand is holding up a 'For Sale' sign above a pile of coins and tokens, some of which are falling away as if being sold off at auction.

The never-ending saga of cryptocurrency and bankruptcy continues, folks! It seems like just yesterday we were laughing at the demise of Solana on FTX’s auction block (literally), and now it’s time to bid adieu to Worldcoin tokens – or should I say, good riddance? The FTX estate is selling off 22 million WLD tokens for a whopping $38 million, because who needs that kind of cash when you can just create more numbers on the computer, am I right?.

Source: cointelegraph

FTX bankruptcy estate auctioning Worldcoin tokens this week
https://cointelegraph.com/news/ftx-bankruptcy-estate-auctioning-worldcoin-tokens-this-week
The FTX estate is preparing to auction off approximately 22 million Worldcoin tokens (WLD) — valued at roughly $38 million — on Oct. 3, a source familiar with the matter told Cointelegraph. Investor bids must be submitted by 8 pm on Oct. 3, with a minimum bid of $2.5 million to qualify for the auction and the tokens could sell at a steep discount of up to 75%. Cointelegraph also […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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