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ETH $1,676.51 +1.34%
BNB $608.42 +0.68%
XRP $1.13 +1.79%
SOL $67.95 +2.04%
TRX $0.3171 +1.37%
DOGE $0.0880 +1.47%
ADA $0.1737 +3.36%
BCH $208.69 +3.17%
LINK $7.98 +2.04%
HYPE $59.01 -0.87%
AAVE $66.83 +4.33%
SUI $0.7669 +2.39%
XLM $0.1884 -0.78%
ZEC $412.22 -3.04%

The FTX bankruptcy report shows that its assets are "severely lacking."

2023-03-03 07:36:45
Collection

ChainCatcher message, according to a report submitted in the FTX bankruptcy case, shows that FTX.com has a "severe shortfall" in assets. Based on the latest spot prices, a total of $2.2 billion in assets has been identified in accounts and wallets associated with FTX.com, of which only $694 million is highly liquid, including fiat currency, stablecoins, Bitcoin, and Ethereum.

Other assets include $385 million in customer receivables, as well as claims against FTX's sister company Alameda Research and related parties. The report indicates that Alameda net borrowed $9.3 billion from FTX.com wallets and accounts.

Additionally, FTX US is also experiencing an asset shortfall, with a total of $191 million in assets in accounts and wallets associated with the exchange, as well as $28 million in customer receivables and $155 million in receivables from related parties. (source link)

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