FTX Has Recovered Over $5 Billion in Cash and Securities, Attorney Says

Crypto exchange FTX has recovered more than $5 billion in cash and liquid cryptocurrencies and securities, an attorney for the bankrupt company founded by Sam Bankman-Fried told a judge on Wednesday. From a report: [FTX Attorney Andy] Dietderich also said that the company plans to sell non-strategic investments that had a book value of $4.6 billion, although the company's books have been described as unreliable.

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