Breaking: FTX Offloads Crypto Assets To Repay Customer Funds

A recent report states that FTX has initiated offloading its crypto assets in a bid to repay its customer funds. FTX has amassed $4.4 billion in cash by the end of December 2023. The platform is also conducting Bitcoin derivative trades to hedge exposure to the coin. A recent Bloomberg report unveiled that the ruined […] source: https://coinedition.com/breaking-ftx-offloads-crypto-assets-to-repay-customer-funds/