The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX’s collapse in November 2022.

FTX, FTX State, KuCoin, Lawsuit, BankruptcyRead More

You might also be interested in reading Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations.