FTX Australia related accounts hold 42 million dollars in assets, which cannot be used for repayment at this time

ChainCatcher news, according to afr, Scott Langdon, the administrator from KordaMentha responsible for the restructuring of FTX Australia, revealed that $42 million in assets has been identified in bank accounts related to the local FTX business. It has been confirmed that there is $3 million in the FTX Australia account and $39 million in accounts related to FTX Express. However, FTX Australia and FTX Express themselves cannot control or operate digital wallets, and therefore cannot make payments to creditors. Scott Langdon will travel to New York this week for negotiations in hopes of obtaining these funds. (afr)