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Bookmarking Crypto InsightsThu, 19 Jan 2023 17:30:50 +0000en-US
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3232FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings
https://www.digit.info/ftxs-5-5-billion-in-alleged-liquid-assets-includes-locked-sol-cache-and-illiquid-ftt-holdings/
Thu, 19 Jan 2023 17:30:50 +0000https://www.digit.info/2023/01/19/ftxs-5-5-billion-in-alleged-liquid-assets-includes-locked-sol-cache-and-illiquid-ftt-holdings/Read more]]>Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are not liquid as the company’s […]