bitcoin
Bitcoin (BTC) $ 94,386.29 1.40%
ethereum
Ethereum (ETH) $ 2,654.16 5.17%
tether
Tether (USDT) $ 1.00 0.04%
xrp
XRP (XRP) $ 2.42 4.94%
bnb
BNB (BNB) $ 631.60 3.37%
solana
Solana (SOL) $ 151.45 9.43%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.223862 7.00%
cardano
Cardano (ADA) $ 0.722113 5.69%
staked-ether
Lido Staked Ether (STETH) $ 2,651.75 5.07%
Blog

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

In a hearing from today, a bankruptcy attorney said that FTX has managed to locate over $5 billion of assets.

  • Per a CoinDesk report, the attorney said that they’ve managed to locate over $5 billion of cash and liquid assets.

We have located over $5 billion of cash, liquid cryptocurrency, and liquid investment securities measured at petition date value.

  • This number doesn’t include the $450 million in cryptocurrencies that are currently held by the Securities Commission of the Bahamas.
  • In addition, they also located illiquid cryptocurrency tokens where they hold such large positions that can’t be offloaded without affecting the market for said tokens.

The post FTX Locates $5 Billion in Assets, Attorney Says: Report appeared first on CryptoPotato.

Related Posts
Gibraltar-introduces-new-regulation-against-crypto-market-manipulation
Cryptocurrency News Feeds

Gibraltar Introduces New Regulation Against Crypto Market Manipulation

Gibraltar, a small British overseas territory, has released a new guideline for cryptocurrency businesses operating in the region, which aims to foster market Integrity and combat market manipulation. The Gibraltar Financial Services Commission (GFSC) published the regulatory principle on Wednesday (April 27, 2022). The new rule was drafted by a special working group comprising government…
Loading data ...
Comparison
View chart compare
View table compare
Back To Top