The cryptocurrency exchange FTX, which stopped working, has a shortfall of $ 8 billion

According to investment documents obtained by the Financial Times the day before FTX.com filed for bankruptcy, Sam Bankman-Fried 's exchange had just $ 900 million in liquid assets against $ 9 billion in liabilities.

Most of these liquid assets, included in FTX’s international balance sheet from Thursday, consisted of $ 470 million worth of Robinhood shares.

The document, which was provided to potential investors before the bankruptcy, paints a detailed picture of the hole in the FTX crypto empire’s finances and warns that FTX users could suffer significant losses due to the loss of cryptocurrency assets they held on the exchange. This is probably why the Binance-rozirvala-ugodu-pro-pokupku-ftx/">deal with Binance fell through.

TheFTX collapse has dealt a serious blow to the cryptocurrency industry, which has already been hit hard by a number of corporate bankruptcies this year. Whether it’s the Axie Infinity hack, the Terra LUNA fiasco, the liquidation of 3AC, or the bankruptcy of Celsius, the cryptocurrency market has experienced one of its worst times in 2022. The next week will show how the cryptocurrency market will cope with this.