Court documents reveal that the bankrupt crypto exchange FTX is still holding over $3 billion in assets as August 31.
As shared on the social media platform X by crypto reporter Colin Wu, on August 31, 2023, FTX was still holding almost $2 billion in Solana (SOL), Bitcoin (BTC), and Ethereum (ETH) alone.
“As of August 31, FTX held a total of US$3.4 billion in crypto assets, including:
Trending: Judge Denies Hunter Biden Virtual Court Appearance
US$1.16 billion SOL
$560 million BTC
$192 million ETH
$137 million APT (Aptos)
$120 million USDT (Tether)
$119 million XRP
$49 million BIT (BitDAO)
$46 million STG (Stargate Finance)
$41 million WBTC (Wrapped Bitcoin)
$37 million WETH (Wrapped Ethereum).”
Source: FTX/Kroll
According to Kroll Restructuring’s documents, the exchange has secured funds through the Chapter 11 process. The court
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!