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.