FTX owes nearly $3.1B to creditors, lawyers warn about “Enormous Exercise”

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

FTX owes nearly $3.1B to creditors, lawyers warn about “Enormous Exercise”

Investors are curious as to when they will get their money from the now-defunct cryptocurrency exchange FTX. Unfortunately, insolvency attorneys have cautioned that it might take “decades.” The cryptocurrency exchange reportedly owes its 50 largest creditors close to $3.1 billion. Additionally, it has applied for bankruptcy court protection in the United States. Without naming them, […]

Original source: AMB Crypto