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

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

Adam Back, renowned ally of Bitcoin creator Satoshi Nakamoto, 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. …