Tags: FTX US

Today in Crypto: Attorney Says Ads Featuring Celebrities Don‘t Distinguish Between FTX & FTX.US Making Them Evidence, South Korea Set to Freeze North Korean Crypto

Ex-FTX US Head of Partnerships, Sina Nader, Takes on Role as Head of Strategy at Mysten Labs

FTX Exchange‘s Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved?

Today in Crypto: ‘Now is Best Time to Invest in Web3‘, Ex-FTX US President Brett Harrison Resigned Due to ‘Protracted Disagreement‘ with Sam Bankman-Fried, Bank of England Building a CBDC Team

The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.

The exchange owes customers $1.6 billion in bitcoin, and only has $6 million of it on hand.

The figure is around 19 higher than the $1.2 billion reported in November when FTX filed for bankruptcy

Investors included the venture arms of Coinbase and Circle, a former FTX portfolio company.