Analysis: FTX only had one million dollars in Bitcoin when filing for bankruptcy
HODL15Capital posted on X, reminding that FTX was severely lacking in spot Bitcoin when filing for Chapter 11 bankruptcy, holding only 0.1% of the Bitcoin that customers believe the exchange should have. At that time, FTX only had one million dollars in Bitcoin, while customer balances were 1.6 billion dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fed Minutes Lean Hawkish as Powell’s Speech Set to Reveal Rate Cut Outlook
Fed Mouthpiece: July Meeting Shows Overall Hawkish Sentiment, More Officials Open to September Rate Cut
Analysis: A Few Officials Hint They May Join the Rate-Cut Camp in September
Fed Meeting Minutes Show Broad Support for Decision to Hold Rates Steady
Trending news
MoreCrypto prices
More
