cryptonews: FTX's bankruptcy management has revealed details of the $5.5 billion in liquid assets it has found, and suggested that some big clawbacks may be coming. 🥸
Clawbacks Coming
First of all, there is the $2 billion in loans to company insiders. Then there is the 56 million shares of Robinhood, which is valued at $456 million and has also been claimed by bankrupt crypto lender BlockFi, which says they were pledged as collateral for a loan that was not repaid. In one of his more outrageous moves, Bankman-Fried has also laid claim to them.
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