According to a report by Bloomberg, the bankrupt cryptocurrency exchange FTX had $4.4 billion in cash as of the end of last year, significantly higher than the $2.3 billion at the end of October. However, it is estimated that the exchange still cannot repay all of its customers’ assets.
FTX Update: Cryptocurrency Prices Surge, GBTC Sold, FTX Account Holds $4.4 Billion in Cash