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FTX finds assets
January 12th, 2023 - 09:37 GMT

FTX recovers $5 billion to stay afloat

ALBAWABA — The new management of crypto exchange FTX has recovered more than $5 billion in various assets to help it stay afloat after its collapse last year, a United States bankruptcy court heard on Wednesday. The updated amount came after the company reported finding over $1 billion in November. "We have located over $5 billion of cash, liquid cryptocurrency and liquid investment securities, " FTX's lead attorney Adam Landis ...
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