Solana Foundation: FTX has a cash exposure of about $1 million, and FTX/Alameda has purchased about 58 million SOL

The Solana Foundation issued a document stating that as of November 6, 2022, when FTX stops processing withdrawals, the Solana Foundation holds approximately $1 million in cash or cash equivalents on FTX.com, which is less than 1% of total cash or cash equivalents. 1%, so the impact on the operations of the Solana Foundation is negligible, and the Solana Foundation does not host SOL on FTX.com. As of 11/14/22, the Solana Foundation held the following assets, all of which were deposited in FTX.com accounts when processing withdrawals ceased after 11/6: 3.24 million FTX common shares, 3.43 million FTT tokens, 1.34 billion SRM tokens. At the same time, FTX/Alameda first purchased a total of 58,086,686 SOL tokens from the Solana Foundation in August 2020, "it is unclear what will happen to these assets in the bankruptcy process."