A new Bloomberg report claims that embattled crypto exchange FTX and its associate firms held a “substantially higher” cash balance than previously thought. Citing a bankruptcy filing by FTX’s proposed financial adviser Alvarez & Marsal North America LLC, the report says that FTX Group’s cash balances stood at $1.24 billion as of November 20th. The The post FTX Group Holds Total Cash Balance of $1,240,000,000: Report appeared first on The Daily Hodl .
