The company’s new management, which took over when FTX founder Sam Bankman-Fried resigned Nov. 11, told a procedural hearing on Tuesday that it had over $1 billion in assets identified. The company located about $720 million in cash assets, which the exchange has yet to consolidate, in U.S. financial institutions authorized to hold funds by the U.S. Department of Justice. Another near $500 million is already being held in U.S. institutions.
Nobitex Crypto Exchange Resumes Some Withdrawals
Hacked Iranian crypto change Nobitex has begun the method of restoring providers after it was attacked by pro-Israel hacker group...