FTX has recovered $7 billion in property to this point, it has nearly $2 billion left to cowl the diversions

FTX has recovered roughly $7 billion in liquid property to this point, and the seek for further property continues, CEO John Ray mentioned in FTX Debtors’ second interim report, launched June 26. The combo of funds, nevertheless, complicates their efforts.

FTX Debtors, consisting of FTX and its associates, presently estimate the quantity of misappropriated shopper property at $8.7 billion. Most of that cash, about $6.4 billion, was in fiat and stablecoins, which FTX didn’t differentiate in its accounting.

Proceed studying on Coin Telegraph