“A significant amount” of the assets of the failed crypto exchange FTX were lost and possibly stolen during the withdrawal of customer deposits and the liquidity crisis led to a leadership crisis and caused the The company collapsed, FTX’s attorney said in court on Tuesday.
James Bromley, an adviser to FTX’s new management, said in his first appearance in Delaware bankruptcy court after the exchange failed to file its largest-ever crypto bankruptcy case. at the beginning of this month.
