Failed crypto entity still controls $1.50 billion in on-chain wealth
Over the past few years, a wave of digital asset companies have gone out of business for a variety of reasons, some of which were dragged down by earlier disasters such as the fiasco of FTX and TerraformLabs. Here are details of some of the wallets associated with these now-defunct companies, as well as those that are still on-chain.
Cryptocurrency companies like FTX, Blockfi and Terraform still hold $1.50 billion worth of digital assets.
• Alameda wallet holds $887 million
FTX still holds $611 million
• Terraform Labs' on-chain assets hold $2.45 million.