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FTX recovers over $5 billion in assets, attorney claims

 

The chapter cryptocurrency trade – FTX – has managed to get better over $5 billion of its belongings. The restoration was made in money, liquid cryptocurrencies, and securities. This, nevertheless, doesn’t take note of the cash held by the Bahamas Securities Fee. The fee holds over $400 million of the crypto trade’s belongings. The revelation was made through the chapter listening to by FTX lawyer – Adam Landis.

Furthermore, based on Reuters, the chapter lawyer said that the agency plans to promote non-strategic investments. These investments have a ebook worth of $4.6 billion.

The story continues to be updating.

This text initially appeared right here.

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