Global cryptocurrency exchange FTX.com faces a “massive shortfall” even as the bankrupt enterprise said it’s located an estimated $6.1 billion of liquid assets.
About $2.2 billion of assets have been located in wallets associated with the FTX.com exchange, its parent FTX Trading Ltd. said in a press release Thursday. About $694 million of that is made up of currencies fiat, stablecoin, Bitcoin, and Ether, the release said.
The estimate updates a previous figure. In January, the company said it identified an estimated $5.5 billion of liquid assets.
The update to the cryptocurrency behemoth’s finances comes as its collapse continues to ...
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