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ETH $2,238.48 -0.06%
BNB $693.99 -0.21%
XRP $1.14 -2.17%
SOL $89.73 -0.51%
TRX $0.3196 +0.36%
DOGE $0.0717 -0.77%
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LINK $10.82 -0.65%
HYPE $77.79 -0.94%
AAVE $131.53 +0.52%
SUI $0.8599 -0.68%
XLM $0.1521 -1.03%
ZEC $1,270.30 -3.64%
AAPL $342.60 +0.42%
AMZN $259.70 -0.84%
GOOGL $285.55 +0.67%
MSFT $531.74 +0.07%
META $612.57 +0.99%
NVDA $188.29 -0.86%
TSLA $359.31 +2.53%
SNDK $837.30 -6.32%
INTC $56.47 +2.25%
SPCX $135.00 +4.00%
MU $693.40 -2.32%
AMD $446.67 +1.80%

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

2023-03-03 07:36:45

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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