FTX sent $7.7 billion in assets from the crypto company's Bahamian estate to its U.S. counterparts in the lead up to its bankruptcy filing last year, a Delaware bankruptcy court was told during a Wednesday.
Court-appointed joint provisional liquidators in the Bahamas said that $5.6 billion was transferred from Bahamas unit FTX Digital's custodial accounts to U.S. entity FTX trading, while another $2.1 billion was transferred to FTX's U.S. trading arm Alameda Research.
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