FTX US


Finance

FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse

The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Finance

FTX venderá unidade de custódia por US$ 500 mil após pagar US$ 10 milhões poucos meses antes do colapso

A unidade falida da exchange, Digital Custody Inc., que a FTX comprou por US$ 10 milhões, foi vendida por apenas US$ 500 mil para a CoinList.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Finance

FTX va vendre une unité de garde pour 500 000 $ après avoir payé 10 millions de dollars quelques mois seulement avant l'effondrement

L'unité de la bourse en faillite, Digital Custody Inc., que FTX a achetée pour 10 millions de dollars, a été vendue pour seulement 500 000 dollars à CoinList.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Finance

FTX venderá unidad de custodia por 500.000 dólares después de pagar 10 millones de dólares apenas unos meses antes del colapso

La unidad del exchange en quiebra, Digital Custody Inc., que FTX compró por 10 millones de dólares, se vendió por sólo 500.000 dólares a CoinList.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Finance

Ibebenta ng FTX ang Custody Unit sa halagang $500K Pagkatapos Magbayad ng $10M Ilang Buwan Lang Bago Ma-collapse

Ang unit ng bankrupt exchange, ang Digital Custody Inc., na binili ng FTX sa halagang $10 milyon, ay ibinenta lamang ng $500k sa CoinList.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Finance

FTX venderà unità di custodia per $ 500.000 dopo aver pagato $ 10 milioni pochi mesi prima del crollo

L'unità dell'exchange in bancarotta, Digital Custody Inc., che FTX ha acquistato per 10 milioni di dollari, è stata venduta per soli 500.000 dollari a CoinList.

Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)

Videos

Former FTX U.S. President Reflects on FTX Demise

Architect founder and former president of FTX's U.S. arm Brett Harrison, at Consensus 2023, describes a chaotic environment at the now bankrupt FTX, not unlike what one might encounter at other early-stage start-up companies.

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Finance

FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy

The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.

FTX founder Sam Bankman-Fried in March of 2023. He could be returning to jail early if a court decides he has violated conditions of his bail. (Michael M. Santiago/Getty Images)

Consensus Magazine

A Closer Look at FTX’s Most Recent Bankruptcy Documents

The exchange owes customers $1.6 billion in bitcoin, and only has $6 million of it on hand.

(Getty Images)

Finance

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

The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy protection.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton, modified by CoinDesk)

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