FTX Trading debtor reports $230.55 million net income for February

By Sarah Lizee

Olympia, Wash., March 21 – FTX Trading Ltd. reported a $230.55 million net income for February on zero revenue, according to a monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company listed $230.55 million as other income.

The cash balance at the end of the month was $28.14 million.

FTX has headquarters in the Bahamas and filed Chapter 11 bankruptcy on Nov. 11, 2022 under case number 22-11068.

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