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The collapsed encryption entities still control $1.5 billion of on-chain wealth.
Golden Finance reports that in the past few years, a wave of digital asset companies have gone bankrupt for various reasons, some of which were dragged down by early disasters (such as the catastrophic failures of FTX and Terraform Labs). Below are detailed introductions to some wallets associated with these now-defunct companies, as well as wallets that are still on-chain. Cryptocurrency companies such as FTX, Blockfi, and Terraform still hold digital assets worth $1.5 billion. •Alameda Wallet holds 887 million USD •FTX still holds $611 million •Terraform Labs on-chain assets hold 2.45 million USD.