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FTX's Balance Sheet, Hack Paint Dim Picture for User Recovery.
- Source :
- Bloomberg.com; 11/13/2022, pN.PAG-N.PAG, 1p
- Publication Year :
- 2022
-
Abstract
- (Bloomberg) -- A swift plunge in value of FTX's key crypto assets, along with unauthorized withdrawals of funds after it filed for bankruptcy, suggests that customers of the once popular exchange face a slim chance of recovering much of their deposits. Here's a breakdown of key assets listed on FTX's balance sheet: Serum Tokens: $2.2 billion The biggest asset listed on the balance sheet is $2.2 billion of SRM, or Serum tokens. Robinhood Shares: $472 million Robinhood's stock rose 13% on Friday, meaning the asset value of Robinhood shares increased from what the balance sheet shows. [Extracted from the article]
- Subjects :
- FINANCIAL statements
WITHDRAWAL of funds
MARKET capitalization
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 160175920