42 Million Held in Accounts at Two Entities in Australia Related to FTX

Nov 22,2022
KingData News: According to the Australian Financial Review (AFR), KordaMentha, the restructuring management company for FTX Australia and FTX Express, the two related entities in Australia associated with FTX, has confirmed that there is $3 million in the FTX Australia account and $39 million in the account associated with FTX Express. The first meeting of creditors will be held next Thursday, and in addition, the restructuring company confirmed that a total of 29,234 independent customers have been identified as having lost significant property.
A financial document disclosed in the media indicates that SBF's Alameda Research has a capital debt situation, with nearly half of its holdings related to FTT and Solana. On November 6, 2022, CZ stated that due to recent revelations, Binance will sell all FTT on its books. This indicator broadcasts updates on FTX-related events.