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crypto

Bankruptcy Filing Shows FTX Has $1.24 Billion Cash Balance

By
Aidan Ryan
· · Source: The Information

A bankruptcy filing Monday revealed that FTX has a total of $1.24 billion in cash across all of its entities that filed for bankruptcy. About a third of the total—$400 million—comes from the trading firm Alameda Research and its associated companies and $256 million comes from companies including FTX Japan, FTX EU and FTX Trading. The court filing also included the companies’ cash flow...

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