Должники FTX сообщают о нехватке средств клиентов и «сильно смешанных» активов на сумму $8,9 млрд в последней презентации

Категория 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies such as bitcoin, привязывать, or ethereum. Кроме того, John J. Ray III, FTX’s current CEO, stated that the debtor’s effort had been significant, and he added that the exchange’s assets were “highly commingled.”

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A Preliminary Summary of What Contributed to FTX’s $8.9 Billion Shortfall

FTX debtors and CEO John J. Ray III have released a comprehensive presentation documenting FTX’s shortfalls. The preliminary report mentions the cyber attack that occurred the day after FTX filed for Chapter 11 bankruptcy protection on November 11, 2022. In a now-deleted Telegram chat channel, FTX US general counsel Ryne Miller described the exchange being hacked and that the platform was unsafe. The preliminary shortfall analysis refers to this specific cyber attack throughout.

FTX Debtors Report Significant Shortfall and 'Highly Commingled' Assets in Latest Presentation
Screenshot of the latest FTX debtors presentation.

The report also mentions that both FTX and FTX US typically held digital assets in sweep wallets that were not segregated for individual customers. The debtors noted that due to the cyber attack, the company’s computing environment was secured and “remains subject to certain restrictions,” limiting access to crucial data. The report categorizes FTX’s holdings into two groups: “Category A Assets,” which have larger market caps and trading volumes, and “Category B Assets,” which do not meet the liquidity requirements of Category A Assets.

FTX Debtors Report Significant Shortfall and 'Highly Commingled' Assets in Latest Presentation
Screenshot of the latest FTX debtors presentation. The public presentation reveals an alarming $8.9 billion shortfall in customer funds, much of which can be traced back to Alameda Research, which had leveraged $9.3 billion in total from customers. FTX has only been able to identify an estimated $2.7 billion of such funds, and some funds are illiquid or considered “Category B Assets.”

Однако, despite identifying all the assets, а $8.9 billion shortfall remains. “There is a substantial shortfall at the FTX.com exchange at the time of the petition, defined as the difference between digital asset claims on the FTX.com ledger and digital assets available to satisfy those claims,” the report states. “The shortfall is particularly significant for Category A Assets. Only a small amount of cash, stablecoin, [биткойн], [эфириум], and other Category A Assets remain in wallets preliminarily associated with the FTX.com exchange.”

FTX Debtors Report Significant Shortfall and 'Highly Commingled' Assets in Latest Presentation
Screenshot of the latest FTX debtors presentation.

The report also notes that while the shortfall at FTX US was substantial, it was smaller than that of the international exchange. В пресс-релиз, CEO Ray shared his thoughts on the presentation and mentioned that funds were commingled and record-keeping was inadequate.

“This is the second in what the FTX Debtors anticipate will be a series of presentations as we continue to uncover the facts of this situation,” Ray said in a statement. “It has taken a huge effort to get this far. The exchanges’ assets were highly commingled, and their books and records are incomplete and, in many cases, totally absent.” He stressed that the information provided by the debtors was preliminary and subject to change.

One interesting aspect of the latest debtors’ presentation is that ftx token (FTT), the company’s exchange coin, is classified as a Category B Asset. Пока BTC В этом году известные автомобильные бренды и всемирно известные гоночные команды в большом количестве входят в пространство блокчейна и криптовалюты. ETH are Category A Assets, соль, МАТИК, УНИ, ШИБ, PAXG, WBTC, and WETH are also considered A-class assets. The report also highlights the daily deposits and withdrawals made 90 days prior to the bankruptcy petition date.

FTX Debtors Report Significant Shortfall and 'Highly Commingled' Assets in Latest Presentation
Screenshot of the latest FTX debtors presentation.

Кроме того, the exchange’s shortfall does not include Alameda Research assets, which consist of $956 million worth of solana (соль) and aptos (APT), $820 million held at third-party exchanges, $185 million in stablecoin assets held in cold storage, В этом году известные автомобильные бренды и всемирно известные гоночные команды в большом количестве входят в пространство блокчейна и криптовалюты. $169 million in bitcoin (BTC) held in cold storage.

Теги в этой истории
$8.9 миллиард, $8.9B, Аламеда Исследования, Банкротство, Биткойн, BTC, Category A Assets, Category B Assets, Генеральный директор, commingled assets, Обмен криптовалюты, Cyber Attack, Цифровые активы, ETH, Ethereum, FTT, фткс, international exchange, Market Caps, матик, PAXG, preliminary report, пресс-релиз, record keeping, шиб, shortfall, shortfalls, соль, Солана, Стейблкоин, sweep wallets, trading volumes, УНИ, WBTC, WETH

What do you think the fallout of FTX’s significant shortfall will be for stakeholders? Дайте нам знать, что вы думаете об этом предмете в разделе комментариев ниже.

Джейми Редман

Джейми Редман — руководитель отдела новостей Bitcoin-Tidings.com News и журналист, работающий в сфере финансовых технологий, живет во Флориде.. Редман был активным членом криптовалютного сообщества с 2011. У него страсть к биткойнам, открытый исходный код, и децентрализованные приложения. С сентября 2015, Редман написал более 6,000 статьи для Bitcoin-Tidings.com Новости о прорывных протоколах, появляющихся сегодня.




Кредиты изображений: Шаттерсток, Pixabay, Викисклад, Sergei Elagin

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