FTX has recovered approximately $7 billion in liquid assets to date

According to Bloomberg, FTX's current management team said it has made "substantial progress" in protecting assets and has recovered about $7 billion in liquid assets so far. In addition, FTX began mixing customer deposits and company funds since its inception, and created a new entity called North Dimension Inc., which was described as a cryptocurrency trading company with With a monthly trading volume of $10 million, it is effectively a shell company used to receive customer deposits and withdrawals for FTX.