At least three days ago, it was reported that SBF and FTX could repay their clients' investments by crypto asset liquidation.

https://beincrypto.com/ftx-crypto-assets-to-be-liquidated/

Today, it was announced that the liquidation would occur gradually. I imagine this is a reason to prevent panic exit from the Crypto space and prevent a rapid reduction in market participants' collateral.

https://beincrypto.com/ftx-liquidation-plan-avoid-public-notice/

https://www.reuters.com/technology/ftx-gets-court-approval-sell-crypto-assets-2023-09-13/

So what, you might wonder. The crypto space is a fraudulent scheme to launder money. And, legally, crypto may be used as collateral. So what if a few loans go belly-up?

https://www.nerdwallet.com/article/loans/personal-loans/what-is-a-crypto-loan

Well, what happens when collateral's value disappears on a securitized loan? Bad things. [Cascading loan failures.]

Still, crypto has other potential uses than collateral. Enter: tokenized securities.

Investment firms and banks could tokenized stocks to offload risk and create collateral for trading with and deceiving other large banking institutions, while (potentially) influencing stock prices.

https://www.reddit.com/r/Superstonk/comments/yu8204/onyx_by_jp_morgan_allows_tokenized_stocks_to_be/

https://www.reddit.com/r/Superstonk/comments/ywf41j/onyx_is_jp_morgan_using_its_onyx_program_to/

The financial world is an infinitely shuffling shell-game based on confidence and misdirection. Here is another avenue to watch, as the world turns.

I'll be back later. I'm off to bible study, but I just wanted to throw this connection out to the community.

Edit: Added text inside of brackets.