NEW YORK, Jan 18 ― Bankrupt crypto exchange FTX said in a report to creditors yesterday that about US$415 million in cryptocurrency had been stolen as a result of hacks.
FTX told a bankruptcy judge in Delaware last week that it had recovered over US$5 billion in crypto, cash and liquid securities, nine weeks after declaring bankruptcy. “We are making progress in our efforts to maximize recoveries, and it has taken a Herculean investigative effort from our team to uncover this preliminary information,” Ray said in the statement.
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