Cryptocurrencies
FTX Bankruptcy Filing Lists $1.4 Billion Cash, Lower Headcount
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The bankrupt FTX group of crypto companies held $1.43 billion in cash at the end of last year and saw headcount drop almost 40%, according to an interim financial update.
The cash balance at Dec. 31, 2022 was higher than a $1.24 billion tally as of Nov. 20, the court filing showed.