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Here's How Much Money FTX Really Has Left

Here's How Much Money FTX Really Has Left

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.


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