Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

The estate of crypto exchange FTX, which recently filed for bankruptcy, has accumulated approximately $7 billion in assets, including $1.16 billion in SOL tokens and $560 million in BTC, as per a court filing on Monday. With the staggering figures obtained by the estate, it is expected to pay back its creditors handsomely. The precise cause of the bankruptcy remains unknown, but it has been reported that FTX was affected by a mining ban imposed in China earlier this year.

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