Bankrupt Crypto Exchange FTX Has Cash Balance of Over $1 Billion

Bankrupt crypto speech FTX has a currency equilibrium successful excess of $1 billion, according to a caller filing by the company. The latest tally “identifies substantially higher currency balances than the debtors were successful a presumption to substantiate arsenic of Wednesday, Nov. 16,” the filing states, according to Bloomberg. In total, FTX is reported to person $1.24 cardinal successful currency balance. While $751 cardinal of the currency equilibrium is ...