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3232FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
https://www.digit.info/ftx-discovers-5-5b-in-liquid-assets-debtors-explore-ways-to-maximize-recovery-via-potential-sale-of-subsidiaries-real-estate/
Wed, 18 Jan 2023 15:00:52 +0000https://www.digit.info/2023/01/18/ftx-discovers-5-5b-in-liquid-assets-debtors-explore-ways-to-maximize-recovery-via-potential-sale-of-subsidiaries-real-estate/Read more]]>On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with the bankruptcy case’s committee of unsecured creditors to share […]