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Deeq A.

FTX held less than $1bn in liquid assets against $9bn in liabilities

By Deeq A., in News - Wararka

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Deeq A.   
Deeq A.
Posted

Sam Bankman-Fried’s main international FTX exchange held just $900mn in easily sellable assets against $9bn of liabilities the day before it collapsed into bankruptcy, according to investment materials seen by the Financial Times.

Source: Hiiraan Online

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