Bankrupt cryptocurrency exchange FTX said in Report to creditors on Tuesday that about 415 million dollars in It was cryptocurrency stolen in hacks.
FTX said she has recovered over $5 billion in encryption cash and liquid securities, but this significant shortage remained in both international and US cryptocurrency exchanges. FTX attributed some of Shortage in the penetration, saying that $323 million in FTX’s cryptocurrency has been hacked international exchange and $90 million has been hacked from the American stock exchange since its introduction for bankruptcy on November 11th.
Accused founder Sam Bankman-Fred later challenged the aspects of Company report in Blog post.
bankman fried, who been charged of Billionaires stolen of Dollars from FTX clients paid off debts incurred by crypto-focused hedge fund Alameda Research, back against FTX accounts late Tuesday, saying the company’s attorneys at Sullivan & Cromwell presented an “extremely misleading” picture. of The company’s finances.
Bankman-Fried said FTX has it more than enough money To repay US customers, them says Due on a basis of between $181 million and $497 million on for him “best Guess. It wasn’t Bankman Fried access to FTX Records since stepping down as CEO in November.
speaking for Sullivan and Cromwell declined to comment. Lawyers at the company said in A lawsuit recently reported that they had rejected Bankman-Fried’s efforts to remain involved in Company bankruptcy procedures.
Bankman Fried has pleaded not guilty to the fraud charges, and is set to do so face Experience in October.
FTX did not provide an estimate of the amount Indebted to FTX’s US or international customers, and did not immediately respond to questions on the Bankman-Fried blog post.
FTX provided some additional details about recovery efforts on Tuesday, saying it had recovered $1.7 billion in cash3.5 billion dollars in Liquid cryptocurrency and $300 million in liquid securities.
“We make progress in Our efforts to maximize recovery, and our investigative efforts have taken enormous team To reveal this primer information, Ray said in Permit.
encryption assets Recoveries to date include $685 million in Solana $529 million in FTT owned by FTX token and $268 million in bitcoinbased on on Crypto prices on November 11, 2022. Solana, praised by Bankman Fried, has the most losses of its worth in 2022.
During FTX’s initial investigation into the breaches of It systemIt was revealed in November asset Securities Commission seizure of Bahamas, which led to a bankruptcy dispute between US-based FTX team and Bahamas regulators.
The two sides settled their differences in January, Ray said on Tuesday that the bahamas government He had 426 million dollars for creditors.
Bahamas Prime Minister Philip Davis referred to the dispute during Tuesday event in the Atlantic Council in Washington, says Ray team Have “come” and agreed to be the bahamas asset The shift “was appropriate and might have saved the situation for many of investors in FTX. “
