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ETH $1,685.73 +3.35%
BNB $608.49 +2.02%
XRP $1.17 +2.43%
SOL $67.42 +3.17%
TRX $0.3255 -0.43%
DOGE $0.0869 +2.64%
ADA $0.1711 +5.13%
BCH $208.51 -7.31%
LINK $8.02 +3.95%
HYPE $64.03 +7.86%
AAVE $64.48 +2.66%
SUI $0.7654 +2.33%
XLM $0.2012 -2.79%
ZEC $446.50 +5.95%

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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