The debtors behind FTX have recognized $5.5 billion in liquid belongings however reported a “substantial shortfall of digital belongings” on the bankrupt crypto trade and its U.S. arm.
In a Jan. 17 announcement, FTX stated it had recognized $1.7 billion in money, $3.5 billion in crypto belongings and $0.3 billion in securities following the agency submitting for Chapter 11 chapter in November. The debtors added that that they had recognized roughly $1.6 billion in digital belongings related to FTX.com — together with roughly $426 million being held by the Securities Fee of the Bahamas — and $181 million related to FTX US.
Proceed Studying on Coin Telegraph
