OKX Says It's Turning Over $157M in Frozen FTX and Alameda AssetsFTX bankruptcy lawyers say that $694 million in liquid assets have been identified before OKX’s announcement.OKX says it has identified $157 million in digital assets belonging to FTX and Alameda Research, and is turning them over to the bankruptcy estate for the former companies.
The exchange did not specify what digital assets it had identified.In the wake of FTX's November 2022 collapse, OKX said in a release it conducted investigations to identify any FTX-related transactions on its exchange, and upon discovering assets and accounts linked to FTX and Alameda Research, the company moved to secure the assets and freeze the connected accounts.