In a Jan. 17 announcement, FTX said it had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following the firm filing for Chapter 11 bankruptcy in November. The debtors added that they had identified roughly $1.6 billion in digital assets associated with FTX.com — including roughly $426 million being held by the Securities Commission of the Bahamas — and $181 million connected to FTX US.
Continue Reading on Coin Telegraph
