We’re pleased to share that we’re cooperating with the FTX and Alameda bankruptcy estates to return US $8.2 million in frozen assets related to Alameda Research. The FTX debtors filed a motion in the U.S. bankruptcy proceedings seeking court approval for us to transfer the assets, and a decision from the bankruptcy court is expected in the coming weeks.
We proactively identified these assets in our platform and immediately froze them in the aftermath of the FTX collapse. We hope our cooperation plays a small role in making sure those who lost funds in the FTX collapse are made whole.
