$740M in crypto assets recovered in FTX bankruptcy so far

NEW YORK (AP) — The company tasked with locking down the assets in the failed cryptocurrency exchange FTX says it has managed to recover and secure $740 million in assets so far. That’s a fraction of the potential billions likely missing from bankrupt company’s coffers. The numbers were disclosed on Wednesday by cryptocurrency custodial company BitGo, which FTX hired in the hours after the company filed for bankruptcy on November 11.