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.

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

12 days ago

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CTV News

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

The company tasked with locking down the assets of the failed cryptocurrency exchange FTX said they've managed to recover and secure US$740 million in assets so far, a fraction of the potential billions of dollars likely missing from the company's coffers.

12 days ago·Toronto, Canada

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Associated Press News

$740M in crypto assets recovered in FTX bankruptcy so far

NEW YORK (AP) — The company tasked with locking down the assets of the failed cryptocurrency exchange FTX says it has managed to recover and secure $740 million in assets so far, a fraction of the potentially billions of dollars likely missing from the company's coffers.

12 days ago·United States

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abc News

$740M in crypto assets recovered in FTX bankruptcy so far

The company tasked with locking down the assets in the failed cryptocurrency exchange FTX says it has managed to recover and secure $740 million in assets so far

12 days ago·United States

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Washington Times

$740M in crypto assets recovered in FTX bankruptcy so far

The company tasked with locking down the assets of the failed cryptocurrency exchange FTX said they've managed to recover and secure $740 million in assets so far, a fraction of the potential billions of dollars likely missing from the company's coffers.

12 days ago·Washington, United States

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CBS News

$740 million in crypto assets recovered in FTX bankruptcy

Recouped funds are a fraction of the billions of dollars thought to have gone missing from the exchange's coffers.

12 days ago·New York, United States

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NY Daily News

$740M in assets recovered as FTX bankruptcy proceedings continue

Wednesday court papers credited the find to BitGo, which FTX hired to track down billions of dollars missing from its account since it abruptly went under earlier this month.

12 days ago·New York, United States

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