{"id":18875,"date":"2023-03-18T13:05:39","date_gmt":"2023-03-18T13:05:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bankruptcy-court-filing-exposes-6-8b-hole-in-ftx-balance-sheet\/"},"modified":"2023-03-18T13:05:39","modified_gmt":"2023-03-18T13:05:39","slug":"bankruptcy-court-filing-exposes-6-8b-hole-in-ftx-balance-sheet","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bankruptcy-court-filing-exposes-6-8b-hole-in-ftx-balance-sheet\/","title":{"rendered":"Bankruptcy Court Filing Exposes $6.8B Hole in FTX Balance Sheet"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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According to a recent court filing, Sam Bankman-Fried\u2019s cryptocurrency conglomerate, FTX, had a balance sheet deficit of $6.8 billion at the time of its bankruptcy filing in November of last year.\n<\/p>\n

The documents also revealed that FTX.com was responsible for a $10.6 billion shortfall, while FTX.US had a $87 million deficit. FTX Ventures and Alameda Research, sister trading companies, had net assets of $1.3 billion and $2.6 billion, respectively.<\/p>\n

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Overall, the group of companies had $11.6 billion in debts, the majority of which were customer claims, and $4.8 billion in assets. However, it should be noted that the statements were not audited and are subject to change.\n<\/p>\n<\/p><\/div>\n

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(Originally posted on : Crypto News – iGaming.org ) According to a recent court filing, Sam Bankman-Fried\u2019s cryptocurrency conglomerate, FTX, had a balance sheet deficit of $6.8 billion at the time of its bankruptcy filing in November of last year. The documents also revealed that FTX.com was responsible for a $10.6 billion shortfall, while FTX.US […]<\/p>\n","protected":false},"author":5,"featured_media":18876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/18875"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=18875"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/18875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/18876"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=18875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=18875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=18875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}