Bitcoin UPS Digital CEO Gap cryptocurrency Ethereum Bitcoin

FTX Latest: Crypto Prices Still Under Pressure as Billions Owed

Reading now: 181
tech.hindustantimes.com

Cryptocurrency prices struggled Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried's once-powerful FTX empire.

The largest token Bitcoin has shed about 4% over two days, while second-ranked Ether is roughly 7% lower.Crypto exchange FTX and related companies now in bankruptcy collectively had a carryover federal net operating loss of at least $3.7 billion as of Dec.

31 last year based on tax returns, according to court filings.FTX owes its 50 top unsecured creditors a total of $3.1 billion.

FTX Trading Ltd. and about 100 affiliated companies are starting a strategic review of global assets.FTX's Federal Net Operating Loss Carryover Stood at $3.7 Billion (2:32 a.m.)Crypto exchange FTX and related companies now in bankruptcy collectively had a carryover federal net operating loss of at least $3.7 billion as of Dec.

Read more on tech.hindustantimes.com
The website gamebastion.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA