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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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According to PANews news on June 27, according to The Block and Bloomberg, FTX debtors released a second investigative report on Monday, detailing the exchange’s mixing and misuse of customer deposits. John J. Ray III, Chief Executive Officer and Chief Restructuring Officer, said in a statement: "From the inception of FTX Exchange, FTX Group has mixed customer deposits and company funds, and under the guidance and design of previous executives Indiscriminate abuse.” According to the report, FTX owes customers approximately $8.7 billion. A third survey report is expected to be published in August 2023.
In addition, FTX’s new management team stated that it has made substantial progress in protecting assets and has recovered about $7 billion in liquid assets so far. The report also stated that the vast majority of the deficit (over $6.4 billion) was misappropriated fiat currencies and stablecoins.