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The bankruptcy proceedings of FTX have begun, and the exchange's assets are being consolidated into one address

2022-11-12 10:52:31
Collection

ChainCatcher news, according to on-chain data cited by The Block reporter Steven, the bankruptcy proceedings for FTX and FTX.US have begun, and a large amount of exchange assets are being consolidated into the same on-chain address, 0x59ab….1fd32b.

Currently, this address holds approximately 19,500 ETH, 34,000 stETH, and 33.8 million DAI, totaling about $287 million. (Source link)

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