FTX’s Balance Sheet Held Many Alt Coins and More Controversies
Posted on 11/16/2022
Fallen cryptocurrency exchange FTX recently had around US$ 8,859,042,572 in liabilities, according to data from the Financial Times. FTX filed for Chapter 11 bankruptcy last week after a liquidity crisis at the company, which was spurred by Coindesk releasing a report on the balance sheet of the hedge fund Alameda Research – a sister company…