Bloomberg: FTX began selling its assets and accumulating cash

28.01.2024
28.01.2024

According to Bloomberg, FTX has begun selling its digital assets and hoarding cash.

Meanwhile, its dollar reserves nearly doubled to $4.4 billion by the end of 2023 from $2.3 billion in October.

In court documents, FTX also said it uses BTC derivatives to generate returns and hedge exposure to the coin.

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