FTX Identifies $5 Billion in Assets: Report, Attorney Says

At today’s hearing, the bankruptcy attorney said FTX was able to find more than $5 billion in assets.

  • According to a CoinDesk report, the lawyer said they were able to find more than $5 billion in cash and liquid assets.

We have found over $5 billion in cash, liquid cryptocurrency, and liquid securities measured by value at the date of filing.

  • This figure does not include the $450 million in cryptocurrency currently held by the Bahamas Securities Commission.
  • Additionally, they also found illiquid cryptocurrency tokens as they hold large positions that cannot be offloaded without affecting the market of said tokens.

FTX Publication Identifies $5 Billion in Assets, Lawyer Says: Report appeared first on CryptoPotato.

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