About 74% of $8.7B Owed by FTX to Customers was in Fiat and Stablecoin Funds

Bankrupt cryptocurrency exchange FTX owes $8.7 billion to its customers, mostly in misappropriated fiat and stablecoin funds but the new management has managed to recover $7 billion in liquid assets.

About 74% of $8.7B Owed by FTX to Customers was in Fiat and Stablecoin Funds
Bankrupt cryptocurrency exchange FTX owes $8.7 billion to its customers, mostly in misappropriated fiat and stablecoin funds but the new management has managed to recover $7 billion in liquid assets.