FTX, the bankrupt cryptocurrency exchange, has released its fourth interim financial report, which shows that the company spent $86 million through the end of March.
- The report indicates that $67 million of FTX's spending went towards legal fees, while the company brought in $48 million from the sale of assets.
- The report does not include the $50 million FTX stands to receive from the sale of LedgerX.
- FTX has been increasing efforts to recoup funds by selling assets and positions in other companies and ventures.
- The report indicates that the company has $2 billion in cash.
