FTX has recovered approximately $7 billion in liquid assets

ChainCatcher news, according to Bloomberg, the current management team of FTX stated that they have made "substantial progress" in protecting assets, having recovered approximately $7 billion in liquid assets to date. Additionally, since its inception, FTX has been mixing customer deposits with company funds and created a new entity called North Dimension Inc., described as a cryptocurrency trading company with 2,000 trading counterparts and an average monthly trading volume of $10 million. In reality, it is a shell company used to receive customer deposits and withdrawals for FTX. (Source link)