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Analysis: FTX only had one million dollars in Bitcoin when filing for bankruptcy

Bitget2024/09/29 03:03

HODL15Capital posted on X, reminding that FTX was severely lacking in spot Bitcoin when filing for Chapter 11 bankruptcy, holding only 0.1% of the Bitcoin that customers believe the exchange should have. At that time, FTX only had one million dollars in Bitcoin, while customer balances were 1.6 billion dollars.

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