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Former FTX CEO Samuel Bankman-Fried
Photo: STEFANI REYNOLDS / AFP
Assets of around five billion dollars were seized from the insolvent cryptocurrency platform FTX.
This sum was found in the form of "cash, liquid cryptocurrency and liquid securities," said Andrew Dietderich, a lawyer who dealt with the bankruptcy.
The company is also "on the right track" to sell other assets with a book value of $4.6 billion.
Customers and creditors can therefore hope to get at least part of their money back.
According to Dietderich, however, it is still too early to say how much FTX will have to raise to compensate its former customers, who lost their balances practically overnight due to the bankruptcy.
FTX filed for bankruptcy in November, shaking the crypto world.
The company's business construct collapsed when it was revealed that FTX was holding its client funds primarily in a specially issued cryptocurrency with no equivalent.
FTX founder Sam Bankman-Fried has been charged in the US with fraud and money laundering, among other things.
The 30-year-old was arrested in the Bahamas in December and extradited to the United States.
ssu/AFP
