FTX Estate has $7bn Assets, $1.16bn in SOL Tokens and $560m in BTC!

Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

Sep 11, 2023 20:11

The property of crypto alternate FTX, which not too long ago filed for chapter, has amassed roughly $7 billion in belongings, together with $1.16 billion in SOL tokens and $560 million in BTC, as per a courtroom submitting on Monday. With the staggering figures obtained by the property, it’s anticipated to pay again its collectors handsomely. The exact explanation for the chapter stays unknown, but it surely has been reported that FTX was affected by a mining ban imposed in China earlier this yr.