Bankrupt crypto entities still control $1.5 billion in on-chain assets
In recent years, a wave of digital asset companies have collapsed for various reasons, with some being dragged down by early disasters such as the failures of FTX and Terraform Labs. Below is a detailed overview of some wallets associated with these now-defunct companies, as well as wallets that still remain on-chain. Cryptocurrency companies like FTX, Blockfi, and Terraform still hold digital assets worth $1.5 billion. • Alameda wallets hold $887 million • FTX still holds $611 million • Terraform Labs has $2.45 million in on-chain assets.
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