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FTX Latest – Crypto Prices Settle But FTX Only Has $1.24 Billion Cash, Bahamas and SBF Link, Genesis on Brink, FTX Japan Withdrawals

Court filings show that FTX debtor companies have a total cash balance of just $1.24 billion. News has also emerged that US prosecutors were investigating FTX well before the company collapsed. A summary of the balances...

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FTX Latest – Crypto Prices Settle But FTX Only Has $1.24 Billion Cash, Bahamas and SBF Link, Genesis on Brink, FTX Japan Withdrawals
Court filings show that FTX debtor companies have a total cash balance of just $1.24 billion.
News has also emerged that US prosecutors were investigating FTX well before the company collapsed.
A summary of the balances drawn up by business consultancy firm  Alvarez & Marsal and filed by Edgar Mosley who supervises the team, details entries by each of the four silos previously identified and reported to the court by FTX CEO John Ray....
Read More: FTX Latest – Crypto Prices Settle But FTX Only Has $1.24 Billion Cash, Bahamas and SBF Link, Genesis on Brink, FTX Japan Withdrawals

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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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