The post FTX Estate has $7bn Assets, $1.16bn in SOL Tokens and $560m in BTC! appeared first on Coinpedia Fintech News

The estate of crypto exchange FTX, which recently filed for bankruptcy, has accumulated approximately $7 billion in assets, including $1.16 billion in SOL tokens and $560 million in BTC, as per a court filing on Monday. With the staggering figures obtained by the estate, it is expected to pay back its creditors handsomely. The precise cause of the bankruptcy remains unknown, but it has been reported that FTX was affected by a mining ban imposed in China earlier this year.