Skip to content

CryptoVert Blockchain App for iOS

Bitcoin, NFTs, News, and more!

Primary Menu
  • Crypto
  • Blockchain
  • NFT’s
  • Videos
  • Download App
  • Home
  • Crypto
  • FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
  • Crypto

FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy

cryptovert March 18, 2023 1 min read

That included a deficit of $10.6 billion in the main FTX.com enterprise and one of $87 million in FTX.US. Sister trading firm Alameda Research had net assets of $2.6 billion, while FTX Ventures had net assets of $1.3 billion.

In total, the group of companies had debts of about $11.6 billion, the majority of that in customer claims, against $4.8 billion in assets.

The advisers noted that the statements were unaudited and subject to change.

Bloomberg earlier reported on the presentation.

Continue Reading

Previous: Baron Davis: Bringing Athletes to Web3
Next: Polygon Partners With Salesforce for NFT-Based Loyalty Program

Related Stories

‘Big Short’ investor Michael Burry warns bitcoin plunge could trigger $1 billion gold, silver sell-off
1 min read
  • Crypto

‘Big Short’ investor Michael Burry warns bitcoin plunge could trigger $1 billion gold, silver sell-off

February 4, 2026
WisdomTree, a firm with $150 billion in assets, says crypto is now a core business
1 min read
  • Crypto

WisdomTree, a firm with $150 billion in assets, says crypto is now a core business

February 4, 2026
Trump’s White House won’t tolerate attacks on the president in crypto bill, adviser says
1 min read
  • Crypto

Trump’s White House won’t tolerate attacks on the president in crypto bill, adviser says

February 4, 2026

You may have missed

WisdomTree, a firm with $150 billion in assets, says crypto is now a core business
1 min read
  • Crypto

WisdomTree, a firm with $150 billion in assets, says crypto is now a core business

February 4, 2026
‘Big Short’ investor Michael Burry warns bitcoin plunge could trigger $1 billion gold, silver sell-off
1 min read
  • Crypto

‘Big Short’ investor Michael Burry warns bitcoin plunge could trigger $1 billion gold, silver sell-off

February 4, 2026
Bitcoin’s wild Tuesday: From a 14-month low to a sharp rally triggers $740 million in liquidations
1 min read
  • Crypto

Bitcoin’s wild Tuesday: From a 14-month low to a sharp rally triggers $740 million in liquidations

February 4, 2026
Canada’s investment watchdog rolls out crypto custody rules to avoid another QuadrigaCX
1 min read
  • Crypto

Canada’s investment watchdog rolls out crypto custody rules to avoid another QuadrigaCX

February 4, 2026
  • Crypto
  • Blockchain
  • NFT’s
  • Videos
  • Download App
Copyright © All rights reserved. | MoreNews by AF themes.