Bloomberg: FTX held a cash balance of $1.43 billion at the end of last year, up from $1.24 billion on November 20

Bankrupt FTX Group held $1.43 billion in cash at the end of last year, up from $1.24 billion on Nov. 20, according to an interim financial update, according to Bloomberg, with one entity, defunct trading firm Alameda Research, the most recent figure at 8766. billion, compared with $401 million in November. Managers are sifting through assets to see how much can be returned to creditors. In addition, FTX’s headcount fell from 320 employees at the end of December to 195 at the end of the year, a decrease of nearly 40%.