FTX Lawyer Says ‘Substantial Amount’ of Crypto Firm’s Assets Stolen or Missing

Summary by Ground News
A “substantial amount” of FTX Group’s assets “have either been stolen or are missing,” an attorney representing the firm told a bankruptcy court Tuesday.
FTX Lawyer Says ‘Substantial Amount’ of Crypto Firm’s Assets Stolen or Missing
13 days ago·New York, United States

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FTX was run as ‘personal fiefdom’ of Sam Bankman-Fried, court hears

Hearing in Delaware bankruptcy court is the first since the cryptocurrency exchange declared bankruptcy earlier this month

13 days ago·London, United Kingdom
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FTX lawyer: 'Substantial amount' of assets has been stolen

The lawyers for FTX disclosed Tuesday that a “substantial amount" of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back

13 days ago·London, United Kingdom
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FTX lawyer: 'Substantial amount' of assets has been stolen

NEW YORK (AP) — Lawyers for FTX disclosed Tuesday that a “substantial amount" of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back.

13 days ago·United States
Read Full Article

FTX lawyer: 'Substantial amount' of assets has been stolen

The lawyers for FTX disclosed Tuesday that a “substantial amount" of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back

13 days ago·United States
Read Full Article

FTX lawyer says 'substantial amount' of assets are either stolen or missing

The full extent of FTX's financial disarray is becoming clearer as the failed crypto exchange's new management combs for cash as part of the bankruptcy process.

13 days ago·Atlanta, United States
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FTX lawyer: ‘Substantial amount’ of assets has been stolen

Lawyers for FTX disclosed Tuesday that a "substantial amount" of assets has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its millions of investors will get their money back.

13 days ago·Washington, United States
Read Full Article
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