{"id":1893265,"date":"2023-01-11T09:30:11","date_gmt":"2023-01-11T14:30:11","guid":{"rendered":"https:\/\/wordpress-1016567-4521551.cloudwaysapps.com\/plato-data\/ftx-locates-5-billion-in-assets-attorney-says-report\/"},"modified":"2023-01-11T09:30:11","modified_gmt":"2023-01-11T14:30:11","slug":"ftx-locates-5-billion-in-assets-attorney-says-report","status":"publish","type":"station","link":"https:\/\/platodata.io\/plato-data\/ftx-locates-5-billion-in-assets-attorney-says-report\/","title":{"rendered":"FTX Locates $5 Billion in Assets, Attorney Says: Report"},"content":{"rendered":"
In a hearing from today, a bankruptcy attorney said that FTX has managed to locate over $5 billion of assets.<\/p>\n
\nWe have located over $5 billion of cash, liquid cryptocurrency, and liquid investment securities measured at petition date value.<\/p>\n<\/blockquote>\n
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- This number doesn\u2019t include the $450 million in cryptocurrencies that are currently held by the Securities Commission of the Bahamas.<\/li>\n
- In addition, they also located illiquid cryptocurrency tokens where they hold such large positions that can\u2019t be offloaded without affecting the market for said tokens.<\/li>\n<\/ul>\n
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