 | The new management team of FTX, which went bankrupt last year, said it made a lot of progress securing assets and recovered $7 billion in liquid assets so far. This is being reported by Bloomberg News today, based on a report shared by the management team of FTX that was released today. This is very significant given that the FTX team has said that the exchange owed customers $8.7 Billion. There have been rumors that the exchange will restart as FTX 2.0. I really wonder how a restart of FTX will be received. I cant imagine people will be very happy to use FTX given what happened the last time. Sam Bankman-Fried in that sense damaged the reputation of FTX forever. I hope people will get their money back at least.. and that not all the money goes to lawyers and advisors. We already know that those advisors are very expensive. [link] [comments] |
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