FTX owes creditors $3B, it says in bankruptcy file
FTX, the cryptocurrency exchange that collapsed amid a liquidity crisis earlier this month, owes creditors at least $3 billion, it said in a new court filing.
Source: arkansasonline.com
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FTX Deep Fake- The Funds are Gone | Armstrong Economics
Https://twitter.com/jason_koebler/status/1594720003923722240?s=20&t=o8ybSdaIhLPHFKDFuUm-ag Disgraced FTX founder Sam Bankman-Fried is hiding out in the Bahamas, where he is allegedly attempting to recover "lost" funds. “I hate what happened and deeply wish that I had been more careful,” Bankman-Fried passively told reporters at CNBC after causing his own customers to lose billions in crypto. No one is going to
Source: armstrongeconomics.com
Crypto Firm Led by Democratic Megadonor Owes Creditors $3 Billion
Bankrupt cryptocurrency firm FTX, whose former CEO Sam Bankman Fried spent nearly $40 million to help Democrats in this year's midterm elections, now owes its creditors at least $3 billion.
Source: freebeacon.com
FTX Has Secured Just $740 Million in Crypto That It Hopes to Recover
"The Debtors have located and secured only a fraction of the digital assets of the FTX Group that they hope to recover in these Chapter 11 Cases."
Source: businessinsider.com