FTX said in a report to creditors on Tuesday that about $415 million in crypto had been stolen as a result of hacks.
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FTX told a bankruptcy judge in Delaware last week that it had recovered over $5 billion in crypto, cash and liquid securities, nine weeks after declaring bankruptcy. FTX did not provide an estimate of total liabilities, but said it had identified important significant shortfalls at both its international and U.S. crypto exchanges.
The crypto assets recovered to date include $685 million in Solana, $529 million in FTX’s proprietary FTT token and $268 million in bitcoin, based on crypto prices on Nov. 11, 2022. Solana, which was lauded by Bankman-Fried, lost most of its value in 2022.
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