HONG KONG -- Hong Kong-based digital asset management company New Huo Technology is unable to withdraw some $18 million worth of cryptocurrencies from collapsed exchange FTX, in the latest fallout from the world's biggest crypto bankruptcy.
New Huo Technology said in a filing on Monday to the Hong Kong stock exchange that about $13.2 million of the total are digital assets that belong to clients, while $4.9 million are assets belonging to subsidiary Hbit.