FTX has recovered $7.3B in assets, will consider rebooting exchange By Cointelegraph
[ad_1]
Cryptocurrency exchange FTX may be considering restarting in the future, according to the legal team behind the debtors.
In an April 12 hearing in United States Bankruptcy Court for the District of Delaware, lawyers with Sullivan & Cromwell representing FTX said the crypto firm had recovered roughly $7.3 billion in liquid assets. A March filing from the debtors reported the four FTX company silos had roughly $4.8 billion in scheduled assets as of November 2022, with an investigation into the assets ongoing.
Continue Reading on Coin Telegraph
[ad_2]
Source link
Cryptocurrency exchange FTX may be considering restarting in the future, according to the legal team behind the debtors.
In an April 12 hearing in United States Bankruptcy Court for the District of Delaware, lawyers with Sullivan & Cromwell representing FTX said the crypto firm had recovered roughly $7.3 billion in liquid assets. A March filing from the debtors reported the four FTX company silos had roughly $4.8 billion in scheduled assets as of November 2022, with an investigation into the assets ongoing.
Continue Reading on Coin Telegraph
About The Author
