FTX Bankruptcy Yields $44 Billion for US Tax Department

The US Treasury and IRS have filed 45 claims against bankrupt crypto exchange FTX and its affiliates, totalling around $44m. The claims include several FTX firms, such as FTX Trading, Alameda Research, West Realm Shires, Ledger Holdings, and Blockfolio. Although FTX’s estimated assets were between $1bn and $10bn, its liabilities are higher as the lawyers have recovered $7.3bn in assets. FTX recently sold LedgerX for $50m.

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