According to the court file, FTXand other companies within its 3 and a half billionIt was faced with a one-dollar rollover loss.
It is the second largest cryptocurrency exchange in the world. FTX experiencing troubled processes. The bankruptcy of the popular stock market brought with it legal processes. courts, FTXdelves deeper into the events. Chapter 11 The crypto exchange, which has filed for bankruptcy, has revealed its loss and asset situations. Among the data taken in the court records, the company’s loss balance sheet drew attention. Among the allegations made were that the company had gone bankrupt before and tried to hide it. Court reports show that the company has rolled over from last year. 3.7 billionHe stated that he had a loss of $.
FTX Has a Billion-Dollar Loss
G, the architect of the billion-dollar collapse, began to enter court reports. According to a report, the stock market and its subsidiaries tax in their declarations showed a business loss. According to these declarations, the company collectively at least 3.7 billionHas a $$1 carryover federal net operating loss.
Also, the consulting firm that kept the reports explained that the crypto company has historically not kept reliable books. According to the firm, there are discrepancies between the records.
