OKX Says It's Turning Over $157M in Frozen FTX and Alameda Assets

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OKX Says It's Turning Over $157M in Frozen FTX and Alameda Assets
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.okx says it is turning over $157 million in frozen assets belonging to FTX and Alameda Research. thesamreynolds reports

Don't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.

OKX says it has identified $157 million in digital assets belonging to FTX and Alameda Research, and is turning them over to the bankruptcy estate for the former companies.In the wake of FTX's November 2022 collapse, OKX said in a release it conducted investigations to identify any FTX-related transactions on its exchange, and upon discovering assets and accounts linked to FTX and Alameda Research, the company moved to secure the assets and freeze the connected accounts.

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