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FTX recovers billions in cash, crypto assets

Ticker News · 2 years ago
Ticker News
Ticker News
2 years ago

Bankrupt crypto exchange FTX has managed to recover over $7.3 billion in cash and liquid crypto assets. The company is now starting to think about its future after months of collecting resources. FTX has benefited from rising cryptocurrency prices, which has seen the value of the recovered amount increase by over a billion dollars in value.

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Bankman-Fried Guilty

Former FTX co-founder Sam Bankman-Fried has been found guilty of defrauding investors and customers.