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 lately filed for chapter, has collected roughly $7 billion in property, together with $1.16 billion in SOL tokens and $560 million in BTC, as per a court docket submitting on Monday. With the staggering figures obtained by the property, it’s anticipated to pay again its collectors handsomely. The exact reason behind the chapter stays unknown, however it has been reported that FTX was affected by a mining ban imposed in China earlier this 12 months.