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FTX Finds $7.3 Billion in Liquid Assets; Lawyers Consider Rebooting Shuttered Crypto Exchange

Apr 13, 2023 Robert Brown

FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is currently considering a relaunch, according to a…

$6.8 Billion accounting discrepancies Alameda Research Amazon Web Services American Express AWS Bankruptcy conglomerate counterparties Cryptocurrency debt debts Fairview Asset Management financial discrepancies FTX insiders Jimmy Buffett liabilities Margaritaville Beach Resort Meta News Payments political donations quantitative trading Quickbooks Sam Bankman-Fried Spotify Stripe third-party loans Trulioo Turner Network Television unpaid invoices Vendors

FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders

Mar 18, 2023 Robert Brown

According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for…

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