FTX Says It Has Recovered $5 Billion in Assets After Collapse
Lawyers handling the bankruptcy of FTX, the cryptocurrency giant co-founded by Sam Bankman-Fried, said Wednesday they had recovered $5 billion (roughly Rs. 40,780 crore) in assets in their efforts to salvage funds from the failed firm. FTX, once the world’s highest profile crypto exchange, collapsed spectacularly in November leaving nine million customers in the lurch and … Read more