FTX has recovered $7.3B in belongings, will take into account rebooting trade

Cryptocurrency trade FTX could also be contemplating restarting sooner or later, in line with the authorized group behind the debtors.

In an April 12 listening to in United States Chapter Courtroom for the District of Delaware, attorneys with Sullivan & Cromwell representing FTX stated the crypto agency had recovered roughly $7.3 billion in liquid belongings. A March submitting from the debtors reported the 4 FTX firm silos had roughly $4.8 billion in scheduled belongings as of November 2022, with an investigation into the belongings ongoing.

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