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Sam Bankman-Fried’s Crumbling FTX Empire has $1.2 billion in cash reserves

About $751 million of that is held in debtor entities and the rest, $488 million, is in non-debtor entities, according to the document filed Monday by FTX’s proposed financial adviser, Alvarez & Marsal North America. Approximately $514 million is unrestricted cash, $260 million is custody and $465 million is restricted cash, which is earmarked for specific purposes such as loan repayment and cannot be used for general business purposes.

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