### During a recent bankruptcy hearing in the U.S. court in Delaware, it was revealed that the defunct FTX cryptocurrency exchange had recovered over $7.3 billion in cash and liquid crypto assets. The exchange had previously collapsed in November 2022, leaving customers in the dark about the extent of their losses. While the amount recovered is promising, the exact losses suffered by customers are still unknown.

Andy Dietderich, FTX's attorney, stated that the company was evaluating various options for moving forward, including restarting the exchange. However, Dietderich made it clear that restarting FTX was just one of many possibilities being considered and that no decisions had been made as of yet.



Despite the uncertain future of the now-defunct FTX, the news caused the exchange's dead token, FTT, to explode over 100%.



The recovery of such a significant amount of assets is undoubtedly good news for FTX and its customers, but there is still a lot of uncertainty surrounding the exchange's future. Only time will tell what decisions FTX will make and what the implications will be for its customers and the broader cryptocurrency community.

During a recent bankruptcy hearing in the U.S. court in Delaware, it was revealed that the defunct FTX cryptocurrency exchange had recovered over $7.3 billion in cash and liquid crypto assets. The exchange had previously collapsed in November 2022, leaving customers in the dark about the extent of their losses. While the amount recovered is promising, the exact losses suffered by customers are still unknown.

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