FTX to Recover $550K in Donations to the Met Museum. Will There Be More?

• The new FTX leadership is working to recover liquid assets.
• Restructuring officers have not spared recipients of donations.
• A New York museum has agreed to return donations.

In the wake of the FTX collapse, restructuring officers have worked to grow the bankrupt crypto exchange's liquid assets. This process has also involved the clawing back of donations.

These efforts appear to yield results, as a New York Museum has revealed plans to return a sizable donation from the crypto exchange.

More Returns to Come?

In a recent court filing, FTX confirmed that it had agreed with New York's Metropolitan Museum of Art to refund $550,000 in donations received from...

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