• <a fr-original-style="" href="https://www.ft.com/content/ecafba91-abb7-4445-836c-b3be910e85bd" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">FTX</a> has a cash balance of $1.24 billion (€1.21 billion), which is “substantially higher” than previously thought, a consultancy firm advising the collapsed crypto exchange said at a court filing on Monday. Meanwhile, an attorney for the company said at a court hearing that FTX suffered a cyber-attack as bankruptcy begins, and “substantial” assets are missing.<img src="https://images.aposto.com/2022/10/2/1669150677111.png" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.67" width="550" alt="Bahamas" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via The Block<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Furthermore: FTX, its senior executives, and the CEO Sam Bankman-Fried’s parents <a fr-original-style="" href="https://www.reuters.com/technology/exclusive-bankman-frieds-ftx-parents-bought-bahamas-property-worth-121-mln-2022-11-22/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">bought at least 19 properties worth around $121 million</a> in the Bahamas in the last two years, according to official property records. Separately, attorneys said FTX units bought $300 million-worth vacation properties for its senior staff and that FTX was run as a "personal fiefdom" of Bankman-Fried.</li></ul>

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