During the ongoing #restructuring of FTX, the current #administrators revealed that FTX and Alameda Research’s former top brass received $3.2 billion in payments and loans from FTX-linked entities.

He added that selling the debt is likely “all that the #administrators” for #BlockFi can salvage for these assets.

He addressed the issue of #FTX governance and controls, with #administrators sharing details about some clients getting “preferential treatment,” including “back door switches.”

The North American Securities #Administrators Association (NASAA) for allegedly failing to register the offer and sale of its #Earn Interest Product (EIP).

On Tuesday, #FTX debtors and #administrators said they have discovered roughly $5.5 billion of liquid assets to date.

The move comes after the #Canadian Securities #Administrators committed to #stronger oversight over crypto exchanges following the demise of FTX.