FTX says it has $1 billion in cash, as new management team tries to track down funds to pay back creditors
FTX has more than $1 billion in cash, the collapsed crypto exchange's new management said at a creditor hearing. • Management is working to retrieve funds from bank accounts to repay creditors and resolve the company's position. • The hearing was part of FTX's bankruptcy proceedings following its…
#ftx #bankmanfried #marycilia #cilia #chapter11 #enron #departmentofjustice #bahamas #johnray #coindesk