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After bankruptcy.. Cryptocurrency exchange FTX returned $5 billion

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Cryptocurrency exchange FTX, which went bankrupt late last year, has regained access to $5 billion in crypto and fiat.

This was reported today, Wednesday, by CNBC, citing company lawyer Andrew Dietderich and noting that FTX managed to return $ 5 billion in liquid assets.

Lawyer Dietderich did not specify how exactly the exchange managed to return the money and where they will be sent in the future.

According to the channel, FTX’s total debt to creditors is about $8 billion, and $3.5 billion is frozen in the accounts of the Bahamas Securities Commission.

It is known that in early November 2022, FTX announced that it had filed for bankruptcy, and its chairman, Sam Bankman-Fried, resigned.

Then in December, the U.S. Securities and Exchange Commission, the stock market regulator, accused Bankman – Freed deceived depositors.

The agency also claimed that the cryptocurrency exchange received $1.8 billion from investors, which was then transferred to a private hedge fund owned by a businessman.

It is worth noting that Bankman-Fried was arrested in December in the Bahamas at the request of Washington.

Source: TASS

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