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Published on 2/22/2024 in the Prospect News Distressed Debt Daily.

FTX Trading reports $4.21 million operating loss for January

By Sarah Lizee

Olympia, Wash., Feb. 22 – FTX Trading Ltd. reported a $4.21 million operating loss for January on zero gross income/sales, according to a monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The net profit for January was $35.98 million.

The cash balance at the end of January was $2.82 billion.

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


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