Troubled FTT investors turn to NFTs as means to recover funds. Decoding…

Prominent crypto voice on Twitter, @0xfoobar, revealed that several FTX users have been buying non-fungible tokens (NFTs). These users have been purchasing NFTs from Bahamian holders to rescue themselves from the FTX crisis. FTX’s compliance with Bahamian regulators enabled desperate FTX users to get their locked funds by buying nearly worthless NFTs. People now withdrawing […]