FTX's bankruptcy administrators have successfully sold approximately two-thirds of their $2.6 billion Solana (SOL) holdings in a deal valued at $1.9 billion. The sale was made to Galaxy and Pantera Capital, amidst a backdrop of significant creditor scrutiny over the decision to offload the assets at a substantial discount. Reports indicate that the Solana tokens were sold at $64 each, representing a notable markdown from their market value, with some sources citing a 75% discount. This transaction has sparked a debate over the fairness of the bankruptcy proceedings, with some creditors expressing dissatisfaction over the sale's terms, which include a 2-4 year lockup period for the coins and warnings of an 85% downside possible. Despite the controversy, Pantera Capital's Liquid Token Fund, which benefited from the acquisition of Solana among other cryptocurrencies, reported a 66% return in the first quarter. The FTX bankruptcy case, described as complex and involving over 100 entities with intertwined assets, continues to unfold with the crypto exchange's claim of being able to repay its 36,000 customers in full.