Satoshi's Ally Predicts Epic $15 Billion Bitcoin Buy With FTX Money

Satoshi's ally, Adam Back, predicts monumental $15 billion Bitcoin buying spree fueled by recovered FTX assets

, has made a bold prediction regarding the fate of the billions of dollars recovered from the FTX estate. Following filing for Chapter 11 bankruptcy, which saw the exchange collapse in November 2022, the company has now proposed a plan to distribute the majority of its assets to creditors and customers worldwide.With the plan awaiting approval from the Bankruptcy Court, speculation is rife about how the recovered funds will be utilized.

With the prospect of a multi-billion-dollar influx of funds, the community eagerly awaits the outcome of the FTX estate's distribution plan and the impact it could have on the market. Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.

He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

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