{"id":169438,"date":"2023-01-11T15:28:16","date_gmt":"2023-01-11T15:28:16","guid":{"rendered":"https:\/\/precoinnews.com\/?p=169438"},"modified":"2023-01-11T15:28:16","modified_gmt":"2023-01-11T15:28:16","slug":"ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/","title":{"rendered":"FTX has recovered over $5B in cash and liquid crypto: Report"},"content":{"rendered":"<p>According to FTX attorney Andy Dietderich, the troubled cryptocurrency exchange has &#8220;recovered $5 billion in cash and liquid cryptocurrencies.&#8221; However, the exchange is still &#8220;working to rebuild transaction history,&#8221; and the total amount of customer shortfall is &#8220;still unclear.&#8221; Speaking to a U.S. bankruptcy judge in Delaware on Wednesday, Dietderich also stated that the company plans to sell $4.6 billion worth of non-strategic investment.<\/p>\n<p>Cointelegraph previously reported that FTX has $8.8 billion in total liabilities. At the time, sources said the exchange had very little in cash and liquid digital assets, amounting to an estimated $8 billion hole in its balance sheet.\u00a0<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/44ef4932-174a-4707-9a03-537c61f643ca.png\"><\/p>\n<p>Sam Bankman-Fried, the disgraced founder of FTX, has pled not guilty to all criminal charges related to the exchange&#8217;s fallout. The United States Attorney\u2019s Office for the Southern District of New York has formed an\u00a0FTX Task Force to \u201ctrace and recover\u201d missing customer funds and handle investigations and prosecutions related to the exchange\u2019s collapse.<\/p>\n<p><em>This is a breaking news story and will be updated accordingly\u00a0<\/em><\/p>\n<p>Source: <a href=\"https:\/\/cointelegraph.com\/news\/breaking-ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to FTX attorney Andy Dietderich, the<\/p>\n","protected":false},"author":3,"featured_media":169437,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FTX has recovered over $5B in cash and liquid crypto: Report - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTX has recovered over $5B in cash and liquid crypto: Report - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"According to FTX attorney Andy Dietderich, the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-11T15:28:16+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/01\/FTX-has-recovered-over-5B-in-cash-and-liquid-crypto-Report.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/\",\"name\":\"FTX has recovered over $5B in cash and liquid crypto: Report - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2023-01-11T15:28:16+00:00\",\"dateModified\":\"2023-01-11T15:28:16+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto\",\"item\":\"https:\/\/precoinnews.com\/category\/crypto\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"FTX has recovered over $5B in cash and liquid crypto: Report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FTX has recovered over $5B in cash and liquid crypto: Report - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/","og_locale":"en_US","og_type":"article","og_title":"FTX has recovered over $5B in cash and liquid crypto: Report - Pre Coin News","og_description":"According to FTX attorney Andy Dietderich, the","og_url":"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/","og_site_name":"Pre Coin News","article_published_time":"2023-01-11T15:28:16+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/01\/FTX-has-recovered-over-5B-in-cash-and-liquid-crypto-Report.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/","url":"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/","name":"FTX has recovered over $5B in cash and liquid crypto: Report - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2023-01-11T15:28:16+00:00","dateModified":"2023-01-11T15:28:16+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/crypto\/ftx-has-recovered-over-5b-in-cash-and-liquid-crypto-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Crypto","item":"https:\/\/precoinnews.com\/category\/crypto\/"},{"@type":"ListItem","position":3,"name":"FTX has recovered over $5B in cash and liquid crypto: Report"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/169438"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=169438"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/169438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/169437"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=169438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=169438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=169438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}