FTX is unloading cryptoassets as bankruptcy advisers look to repay customers; filings: its affiliates' cash pile grew from $2.3B in October to $4.4B at 2023 end (Jonathan Randles/Bloomberg)

https://ift.tt/0vw6S1T

Jonathan Randles / Bloomberg:
FTX is unloading cryptoassets as bankruptcy advisers look to repay customers; filings: its affiliates' cash pile grew from $2.3B in October to $4.4B at 2023 end  —  - Cash of key affiliates rose to about $4.4 billion at end-2023  — Increased cash coincided with rising value of customer claims

from Techmeme https://ift.tt/e03qjbd