FTX, the cryptocurrency exchange, is currently navigating through bankruptcy proceedings, with its Chief Restructuring Officer and CEO debunking claims made by founder Sam Bankman-Fried regarding the company's solvency. Amidst these proceedings, FTX has been accused of manipulating the market by selling Bitcoin and Ethereum to inflate its own assets and buying them back to fulfill customer withdrawals, an action that has raised questions about the misuse of user funds and prevented the last crypto cycle's blowoff top. In related news, the fintech sector is experiencing a slowdown, prompting Goldman Sachs-backed startup Deserve, once valued at $500 million, to consider selling itself. Meanwhile, FTX's bankruptcy situation has led to the potential sale of its valuable shares, including its stake in San Francisco-based AI startup Anthropic. As crypto prices soar, FTX customers might see higher payouts, with bankruptcy claims now valued at nearly 93 cents on the dollar. There's even speculation that customers could be repaid 120-140% of the value of their assets at the time of the bankruptcy filing.