FTX has recovered $7 billion in assets so far, has nearly $2 billion to cover the embezzlement

FTX has recovered about $7 billion in liquid assets so far, and the search for more assets continues, CEO John Ray said in FTX Debtors’ second interim report. released June 26. However, extensive commingling of funds complicates their efforts. FTX’s debtors, consisting of FTX and affiliates, currently estimate the amount of misappropriated customer assets at […]