According to statements made by a bankruptcy lawyer today, cryptocurrency exchange FTX has managed to find assets worth more than $5 billion in total.
Adam Landis, an attorney at Sullivan & Cromwell who speaks for FTX, after FTX went bankrupt. cash, liquid cryptocurrencies and liquid securities including More than $5 billion worth of money He said he found it.
This money belongs to FTX but illiquid cryptocurrencies not included. FTX is one of these tokens. large amount If these tokens are put up for sale, the price of the token in a negative way assumed to be affected.
This statement means that FTX found a large amount of money in a short time. Because the new management of FTX, in the statement on December 20, approximately 1 billion dollars They said they could find money worth it.
According to the lawyer’s statements today, FTX currently has some more assets that are still missing. The company’s exactly how much is owed to creditors is not known.