The value is pegged to Friday’s share price of $8.25.

The stock was with a UK-based holding company.

The loss ofhundreds of millions of dollars in FTX customer fundshas hurtconfidence in the cryptocurrency market.

Bankman-Friedpleaded not guiltyto fraud charges earlier this month.

FTX is now being run by John Ray III, who’s overseeing the complicated bankruptcy process.

Heasked a judge last month to freeze FTX stock, a move opposed by Bankman-Fried.

FTX was one of the largest cryptocurrency exchanges in the worldbefore collapsing late last year.