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CoinGape

2022-11-12 18:45:54

Against $9bn In Liabilities FTX Holds Less Than $1bn In Liquid Assets

Against $9bn In Liabilities FTX Holds Less Than $1bn In Liquid Assets

The day before FTX.com filed for bankruptcy, Sam Bankman-primary Fried’s international crypto exchange had just $900 million in liquid assets versus $9 billion in liabilities, according to investment documents received by FT. The majority of those liquid assets, which were included on an FTX international balance sheet dated Thursday, comprised of $470 million in Robinhood The post Against $9bn In Liabilities FTX Holds Less Than $1bn In Liquid Assets appeared first on CoinGape .

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