FTX localized assets of $ 5 billion, says lawyer: Report

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Von Krypto News Österreich

In a hearing from today, an insolvency lawyer said that FTX was able to find assets of over $ 5 billion.

  • According to a Coindesk report, the lawyer said that he was able to find cash and liquid funds of over $ 5 billion.

We have found cash, liquid cryptocurrencies and liquid investment papers worth over $ 5 billion, measured by the value of the application date.

  • This number does not include the $ 450 million of cryptocurrencies that are currently held by the Securities Commission of the Bahamas.
  • In addition, they have also found illiquid cryptocurrency stakes where they hold so large positions that cannot be outsourced without affecting the market for these tokens.

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