Cryptocurrency exchange collapsed last year but assets worth $7.3bn have now been found Defunct cryptocurrency exchange FTX has recovered $7.3bn (£5.8bn) of customer funds and could be restarted as a going concern as soon as next year, the company's lawyers have said. "The situation has stabilised, and the dumpster fire is out," FTX attorney Andy Dietderich said at the hearing at a Delaware bankruptcy court.
FTX could be revived as more customers' funds recovered, say lawyers
The Guardian - 13 Apr 2023 13:42
Cryptocurrency exchange collapsed last year but assets worth $7.3bn have now been found Defunct cryptocurrency exchange FTX has recovered $7.3bn (£5.8bn) of customer funds and could be restarted as a going concern as soon as next year, the company's lawyers have said. "The situation has stabilised, and the dumpster fire is out," FTX attorney Andy Dietderich said at the hearing at a Delaware bankruptcy court.
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