{"id":82997,"date":"2023-04-13T11:18:59","date_gmt":"2023-04-13T11:18:59","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion"},"modified":"2023-04-13T11:33:33","modified_gmt":"2023-04-13T11:33:33","slug":"crypto-exchange-ftx-recovers-7-3b-after-implosion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion","title":{"rendered":"Crypto exchange FTX recovers $7.3B after implosion"},"content":{"rendered":"

Africa-Press – Tanzania. <\/strong><\/span>Bankrupt cryptocurrency trading platform FTX recovered $7.3 billion in cash and assets, the company\u2019s attorney said Wednesday.<\/p>\n

“The situation has stabilized, and the dumpster fire is out,\u201d Andy Dietderich said at a US bankruptcy court hearing in the state of Delaware<\/p>\n

FTX’s founder and former CEO Samuel Bankman-Fried last month pleaded \u201cnot guilty\u201d to five additional charges against him at a federal court in New York.<\/p>\n

He faces a total of 13 charges involving the implosion of FTX, which was once the world’s third-largest crypto trading platform by daily volume.<\/p>\n

After pleading not guilty on Jan. 3 to eight initial charges before a US federal court in the Southern District of New York, he was released on a $250 million bond to remain in confinement at his parents\u2019 home in Palo Alto, California.<\/p>\n

For More News And Analysis About Tanzania<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. Bankrupt cryptocurrency trading platform FTX recovered $7.3 billion in cash and assets, the company\u2019s attorney said Wednesday. “The situation has stabilized, and the dumpster fire is out,\u201d Andy Dietderich said at a US bankruptcy court hearing in the state of Delaware FTX’s founder and former CEO Samuel Bankman-Fried last month pleaded \u201cnot […]<\/p>\n","protected":false},"author":84,"featured_media":82996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[6990,6991,8013,9158,9159,711],"class_list":["post-82997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press-2","tag-africa-press-tanzania","tag-cryptocurrencies","tag-ftx","tag-samuel-bankman-fried","tag-tanzania"],"yoast_head":"\nCrypto exchange FTX recovers $7.3B after implosion - Tanzania<\/title>\n<meta name=\"description\" content=\"Bankrupt cryptocurrency trading platform FTX recovered $7.3 billion in cash and assets, the company\u2019s attorney said Wedn ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto exchange FTX recovers $7.3B after implosion\" \/>\n<meta property=\"og:description\" content=\"Bankrupt cryptocurrency trading platform FTX recovered $7.3 billion in cash and assets, the company\u2019s attorney said Wedn ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-13T11:18:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-13T11:33:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2023\/04\/postQueueImg_1681368555.62.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Crypto exchange FTX recovers $7.3B after implosion\",\"datePublished\":\"2023-04-13T11:18:59+00:00\",\"dateModified\":\"2023-04-13T11:33:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion\"},\"wordCount\":151,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2023\/04\/postQueueImg_1681368555.62.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"cryptocurrencies\",\"FTX\",\"Samuel Bankman-Fried\",\"tanzania\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/crypto-exchange-ftx-recovers-7-3b-after-implosion\",\"name\":\"Crypto exchange FTX recovers $7.3B after implosion - 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