FTX’s Total Cash Balance Is

$1.24 Billion

November 22, 2022

A bankruptcy filing by FTX Group shows that it is left with a combined cash balance of $1.24 billion.

Trading firm Alameda Research and its affiliates reportedly had a nearly $401 million cash balance.

The breakdown showed, FTX Japan had a cash balance of $171.7 million.

According to the filing, the latest balance sheet dated November 20th "shows a significantly higher cash balance than the debtor was able to demonstrate on November 16th."

On November 11, FTX and its affiliates filed for bankruptcy after SBF resigned from his CEO position.

FTX crash has lost billions of dollars and affected 1 million customers and other investors.

FTX owes nearly $3.1 billion to its top 50 creditors.