Sam Bankman-Fried once bought 888 million SUI for 1 million dollars - But was sold off at a very low price.

Sounds unbelievable but it's true: Sam Bankman-Fried (SBF) once owned up to 888 million $SUI tokens for just… 1 million dollars.

This is a "quiet adjunct" in the large investment package worth 101 million dollars that FTX poured into the Sui project - and everything has been confirmed through court documents.

Cutting to the present: $SUI is currently trading around the $4 mark per token, meaning that just that auxiliary investment is worth about $3.59 billion.

But the shock doesn't stop there.

The total amount of $SUI that FTX once held – including incentives from the main investment – reached 1.6 billion tokens, equivalent to 6.46 billion dollars at current prices.

And this is the moment the climax appears:

FTX's asset liquidation fund – in an effort to repay creditors – was forced to sell the entire amount of this $SUI token back to the Sui founding team.

Price? Only 96 million dollars.

Indeed, $6.46 billion worth of tokens were sold off for $96 million, under the pressure of resolving the enormous debts left by FTX after its collapse.

The 25-year prison sentence is indeed unfortunate for a "super trader" like SBF.