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FTX: Collapsed crypto giant recovers over $5bn of assets

Collapsed FTX crypto giant recovers over $5bn of assets

According to an attorney for the firm, the assets of the defunct cryptocurrency exchange FTX total more than $5 billion (£4.1 billion). However, a US bankruptcy court was informed on Wednesday that the extent of customer losses is still unknown. Prosecutors have charged FTX’s former CEO Sam Bankman-Fried with masterminding a “epic” fraud that could … Read more

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