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foreign [Music] crypto exchanges FTX new Executives say they have found a nine and a half billion dollar shortfall in crypto and cash needed to repay customers to break it all down we go live to Yahoo finance reporter David holler at Dave what are we learning Dave so uh yesterday in a press release uh the fjxs interim CEO John Jay Ray said its taken a huge effort to get this far in the exchanges assets are highly co-mingled um and that means that all these results as of now are still very much preliminary uh meaning that they could change so fgx has a 9.5 billion dollar shortfall in crypto and cash to repay customers um and just uh just 694 million excuse me yeah 694 million in assets and 2.2 billion uh have been recovered um and are easily sellable uh meaning uh liquid the group said it also went uh 9.3 billion to stamping and Freeds Alameda research um FTX being being the The Entity there in the shortfall for FTX us the U.S subsidiary is smaller but still docHub its 427 mill