FTX has $222M in Bahamas real estate, 1,300 tokens — Shareholder presentation By Cointelegraph
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FTX has released the presentation materials for its shareholder meeting taking place Sept. 11–12. The unrestricted portion provides a clear overview of the company’s current state and its slow march toward settlement.
The shareholders will begin their day with an account of the claims against the cryptocurrency exchange. Over 2,300 non-customer claims have been filed against it, including those from Genesis, Celsius and Voyager. The claims are worth $65 billion, although those from FTX Digital Markets are “assumed to be invalid/redundant,” and the United States Internal Revenue Service’s claim — the largest at $43.5 billion — is assumed to be subordinated.
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FTX has released the presentation materials for its shareholder meeting taking place Sept. 11–12. The unrestricted portion provides a clear overview of the company’s current state and its slow march toward settlement.
The shareholders will begin their day with an account of the claims against the cryptocurrency exchange. Over 2,300 non-customer claims have been filed against it, including those from Genesis, Celsius and Voyager. The claims are worth $65 billion, although those from FTX Digital Markets are “assumed to be invalid/redundant,” and the United States Internal Revenue Service’s claim — the largest at $43.5 billion — is assumed to be subordinated.
Continue Reading on Coin Telegraph
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