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Crypto assets worth $740M recovered in FTX bankruptcy so far - Fox Business

Crypto assets worth $740M recovered in FTX bankruptcy so far - Fox Business

Crypto assets worth $740M recovered in FTX bankruptcy so far - Fox Business
Nov 24, 2022 37 secs

Market data provided by Factset.

Mutual Fund and ETF data provided by Refinitiv Lipper.

The company contracted to recover assets of the failed cryptocurrency exchange FTX says it has managed to recover more than $740 million so far.

BitGo estimates that the amount of recovered and secured assets has likely risen above $1 billion since that date.

The assets recovered by BitGo are now locked in South Dakota in what is known as "cold storage," which means they're cryptocurrencies stored on hard drives not connected to the internet. 

The assets recovered include not only bitcoin and ethereum, but also a collection of minor cryptocurrencies that vary in popularity and value

Market data provided by Factset

Mutual Fund and ETF data provided by Refinitiv Lipper

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