Collapsed crypto exchange FTX, which is currently in bankruptcy, says it has identified $5.5 billion of liquid assets but based on current estimates both the international and U.S. based exchange still have a "substantial shortfall" relative to what customers are owed.
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Decentralized finance (DeFi) is still a newer entrant to the schoolyard of finance, but if it’s anything, it’s the up-and-coming scrappy fighter that learns from its knockdowns.