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Tuesday, July 2, 2024
bitcoin
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HomeFinanceFTX’s $3.4B crypto liquidation: What it means for crypto markets
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FTX’s $3.4B crypto liquidation: What it means for crypto markets

The FTX chapter lawsuit reached a key juncture within the second week of September after america Chapter Courtroom for the District of Delaware accredited the sale of $3.4 billion value of crypto belongings.

The court docket additionally accredited $1.3 billion in brokerage and government-recovered belongings as a part of the liquidation course of, with $2.6 billion in money bringing the whole tally to $7.1 billion in liquid belongings.

Graph from a stakeholder replace outlining the value of belongings primarily based on Aug. 31 costs. Supply: United States Chapter Courtroom
unlocking schedule. Supply: An Ape’s Prologue/X

Proceed Studying on Coin Telegraph

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