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FTX Builds Stockpile for Repayment
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Overview
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FTX, a cryptocurrency exchange, has amassed a $4.4 billion stockpile to repay customers, with customer accounts trading at 73 cents on the dollar. However, the company does not expect full repayment.
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How might the stockpile impact FTX's financial stability and ability to attract customers?
What implications does the investigation into FTX have for the broader cryptocurrency industry and investor confidence?
What measures can FTX take to address the challenges in valuing customer portfolios?
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