According to the latest report, filed Monday, the platform has recovered about $7 billion in liquid assets so far, with more expected to be recovered, CoinDesk reported. In addition, John J. Ray III, the new CEO who took over from FTX, further investigated the situation of FTX in 2022 in the report, saying that FTX owed customers $8.7 billion after mixing and abusing customer deposits, and executives as early as 2022 The issue began to be concealed in August. At that time, FTX created a fake customer account on the platform for the first time. FTX executives called this fake account the "Korean friend's account", which showed that the executives' "Korean friend" owed the FTX platform $8.9 billion. Executives lied to banks and auditors, executed false documents, and moved FTX Group out of jurisdiction, flying from the U.S. to Hong Kong to the Bahamas in a constant effort to avoid detection of their wrongdoing.