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US$740M in crypto assets recovered in FTX bankruptcy, a fraction of the missing money

Summary by Ground News
FTX filed for bankruptcy on November 11. The company tasked with securing the company's assets says they've recovered $740 million. That's a fraction of the potential billions of dollars likely missing from FTX's coffers. FTX failed because its founder and former CEO used customer assets to make bets in his trading firm.

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MY Northwest broke the news in Tacoma, United States on Wednesday, November 23, 2022.
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