FTX localized assets of $ 5 billion, says lawyer: Report
In a hearing from today, an insolvency lawyer said that FTX had managed 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 also found illiquid cryptocurrency ...
FTX localized assets of $ 5 billion, says lawyer: Report
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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