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3232FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
https://www.digit.info/ftx-debtors-report-8-9b-shortfall-in-customer-funds-and-highly-commingled-assets-in-latest-presentation/
Sat, 04 Mar 2023 01:04:56 +0000https://www.digit.info/2023/03/04/ftx-debtors-report-8-9b-shortfall-in-customer-funds-and-highly-commingled-assets-in-latest-presentation/Read more]]>On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies […]