FTX’s bankruptcy estate manages $7b in assets, further explores relaunch plans
FTX’s bankruptcy estate manages a $7 billion portfolio that includes Solana, Bitcoin, and the Bahamas real estate , as court filings reveal a potential platform relaunch amidst staggering customer claims. Amid legal entanglements and looming court appearances, FTX finds itself contending with a bankruptcy estate valued at roughly $7 billion, according to recent court documents. These filings also offer a roadmap for the exchange’s potential reboot, named tentatively as “FTX 2.0.” Court filings FTX’s asset breakdown and legal quagmires Documents filed with the court indicate that FTX’s bankruptcy estate has managed to amass a wide range of assets. This includes around $1.16 billion in Solana (SOL) tokens and $560 million in Bitcoin (BTC). The estate’s liquidity has $1.5 billion in cash, on top of the $1.1 billion it had as of November last year. The estate also values its holdings in various other cryptocurrencies at $3.4 billion as of the end of Au...