FTX Debtors Uncover $6.8B Hole in Balance Sheet, Payments to Insiders
• FTX debtors revealed a $6.8 billion hole in their balance sheet when they filed for bankruptcy protection. • The presentation revealed that FTX owes funds to vendors, counterparties, and unpaid invoices. • Advisers concluded that when FTX filed for bankruptcy, the companies had a gap of $6.8 billion in their balance sheet. FTX Debtors …
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