The company tasked with recovering assets of the failed cryptocurrency exchange FTX says it has managed to recover more than $740 million so far.
Cryptocurrency custodian company BitGo disclosed the amount in court filings.
The figure was revealed hours after FTX declared itself bankrupt, and the biggest worry for many of the platform's customers is whether they will ever see the funds they invested again.
Experts say customers will likely have to sit through years before getting their money back, while others may never recover the funds.
The crypto world has been rocked by FTX's collapse as it watches one of the largest exchanges crumple in just a week.
The company went bust after its founder and former chief executive, Sam Bankman- Fried, and his lieutenents used customer assets to make bets in Bankman-Freed's own trading firm, Alameda Research.
The $740 million sum is from November 16, and since then further assets have been gradually recovered.
Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.
Amazon.com IncĀ is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.
Dubai International Airport (DXB) is gearing up to accommodate a surge in travellers over the next two weeks, marking one of the busiest travel periods of the year.
The UAE and India have reviewed the progress of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries that aim to advance bilateral trade towards a shared goal of $100 billion.