FTX has recovered $7B in assets so far, has almost $2B to go to cover misappropriations

by Aurelia Butler 27 June 2023, 00:00 199 Views

The FTX Debtors, made up of FTX and affiliates, currently estimate the amount of customer assets misappropriated at $8.7 billion. Most of that money, about $6.4 billion, was in fiat and stablecoins, which FTX did not differentiate between in its accounting.

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Source: Cryptocurrency - investing.com

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FTX has recovered $7B in assets so far, has almost $2B to go to cover misappropriations

Analysis-HSBC dumps London tower for smaller office as real estate reckoning unfolds

Crypto scams are going to ramp up with the rise of AI

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