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

Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket
1 min read
  • Crypto

Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket

June 25, 2026
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
1 min read
  • Crypto

Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish

June 25, 2026
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital
1 min read
  • Crypto

Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital

June 25, 2026

You may have missed

Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
1 min read
  • Crypto

Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish

June 25, 2026
Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket
1 min read
  • Crypto

Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket

June 25, 2026
Binance withdraws Greek MiCA bid but vows to remain in Europe
1 min read
  • Crypto

Binance withdraws Greek MiCA bid but vows to remain in Europe

June 25, 2026
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital
1 min read
  • Crypto

Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital

June 25, 2026
  • Crypto
  • Blockchain
  • NFT’s
  • Videos
  • Download App
Copyright © All rights reserved. | MoreNews by AF themes.