FTX says it recovers $5 billion in assets as the former crypto giant continues bankruptcy process

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FTX says it recovers $5 billion in assets as the former crypto giant continues bankruptcy process
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The United States Commodities Futures Trading Commission has said that missing customer assets at bankrupt crypto exchange FTX are valued at more than $8 billion, according to a Reuters report.

FTX has recovered over $5 billion in assets as the former crypto giant continues to go through bankruptcy proceedings.

FTX’s bankruptcy is ongoing and the nature of what will happen with those $5 billion in assets, or any financial assets it recovers in the future, is unclear at this time.

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