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Published 1 year ago

FTX presentation shows ‘massive shortfall’ in firm’s assets

Summary by Ground News
Bankrupt cryptocurrency exchange FTX has revealed a "massive shortfall" in its digital asset and fiat currency holdings with billions worth of customer funds missing. On Mar. 2 the exchange released a presentation showing FTX had $2.2 billion in exchange wallets and fiat accounts of which $694 million consisted of the most liquid "Category A Assets"

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