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Bitcoinist

2023-01-11 19:31:17

FTX Lawyers Claim $5 Billion Recovered In “Liquid” Assets

FTX Lawyers Claim $5 Billion Recovered In “Liquid” Assets

On Wednesday, a counsel for the bankrupt crypto trading venue FTX, founded by Sam Bankman-Fried, stated that the company recovered more than $5 billion. However, the magnitude of consumer losses in its collapse was still unknown. U.S. authorities have accused Bankman-Fried of organizing an “epic” scam that may have cost investors, clients, and lenders billions

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