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Why Are a Dead Guy's Crypto Coins Moving?

The Breakdown

00:00

The Last Normal Breakdown of the Year

FTX has not filed a statement of assets or of its financial position as required by bankruptcy law. Of that money, 130 million is being held in Japan, with local regulators safeguarding funds to help repay Japanese creditors. 423 million is beingheld with U.S. institutions that are not authorized to hold the bankrupt estates funds by the DOJ and will need to be transferred. The efforts to locate crypto assets owned by FTX is ongoing.

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