FTX and its advisors have revealed they found about $5.5 billion in liquid assets so far, comprising $1.7 billion of cash, $3.5 billion of crypto assets, and $0.3 billion of securities. Customers may ...
Tag: 5.5B
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate – Bitcoin News
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level execut...
Large institutions sold $5.5B in BTC since May — and we’re still here
Since May 10, as much as 236,237 Bitcoin (BTC), worth $5.452 billion at the time of writing, has been sold by “large institutions” — mostly as a result of forced selling. A Twitter thread from Arcane...
Animoca Brands Hits a $5.5B Valuation After Raising $75 Million
Hong Kong-based play-to-earn gaming development company Animoca Brands has now attained a valuation of $5.5 billion after a $75 million fund round. The latest valuation comes at a time when the crypto...