FTX Recovers $7.3B in Assets, Considers Exchange Restart.

1 min read
Source: Gizmodo
TL;DR Summary

Attorneys for bankrupt cryptocurrency exchange FTX have reported that the company has recouped over $7.3 billion in cash and cryptocurrency assets, up by more than $800 million from January's recovery stats. With its growing coffers, FTX's new leadership is considering restarting the exchange, but it remains unclear whether the company should use its own funds to repay customers or restart the exchange. FTX disappeared about $9 billion in customer funds, and U.S. depositors have yet to see any of that money returned to them.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

81%

44084 words

Want the full story? Read the original article

Read on Gizmodo