The temporary administration of the exchange was able to inventory almost all wallets associated with FTX.com and FTX US. According to a presentation with preliminary reports published on the website of the law firm Kroll, the shortfall in client funds is about 8.9 billion dollars.
Part of the shortfall can be attributed to Alameda Research, which borrowed $9.3 billion from customer accounts before the crash. FTX accounts for about $413 million in receivables. This amount may include blocked accounts, as well as accounts whose owners have not yet been identified.
It is not yet clear if FTX customers will be able to recover the entire amount of $2.8 billion, since $1.5 billion of them are crypto-assets, the value of which has plummeted since the collapse of the exchange. About $157 million is held in Serum (SRM), $1 billion in MAPS, and another $130 million in FTT tokens.
Recall that the US Securities and Exchange Commission (SEC) accused the founder of FTX Sam Bankman-Fried (Sam Bankman-Fried) of using client funds to save the trading division of Alameda Research, as well as to finance his own luxurious lifestyle.
Earlier, the former CTO of FTX officially pleaded guilty to criminal offenses and agreed to cooperate with the investigation.
Source: Bits
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