Sam Bankman-Fried's Crumbling FTX Empire Holds $1.2B Cash Reserves

Sam Bankman-Fried’s Crumbling FTX Empire Holds $1.2B Cash Reserves


About $751 million of that is held in debtor entities and the rest, $488 million, is in non-debtor entities, according to the document, filed on Monday by FTX’s proposed financial advisor, Alvarez & Marsal North America. About $514 million is unrestricted cash, $260 million is custodial and $465 million is restricted cash, which is earmarked for specific purposes like loan repayments and can’t be use for general business purposes.

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