740 million US dollar in crypto assets recovered in FTX bankruptcy so far

The company that was given the responsibility of securing the assets of the defunct cryptocurrency exchange FTX claims

that it has been successful in recovering and securing USD740 million in assets so far.

This is only a fraction of the potentially billions of dollars that are likely missing from the company's accounts.

FTX hired the cryptocurrency custodial company BitGo hours after it filed for bankruptcy on November 11

the company disclosed the numbers in court filings on Wednesday.

FTX filed for bankruptcy on November 11.

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