Bankrupt Crypto Exchange FTX Had Around $1.4B Cash at End of 2022

Amongst the various arms Sam Bankman-Fried’s fallen crypto empire, FTX US has $260 million in cash. Bankman-Fried has repeatedly claimed that the U.S. wing is solvent. Last month he blogged that FTX US “had at least $111 [million], and likely around $400M, of excess cash on top of what was required to match customer balances.”

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