The FTX restructuring team has recovered more than $5 billion in cash, liquid cryptocurrency, and liquid investments in securities, FTX's lead attorney Adam Landis said on Wednesday morning at a court hearing in Delaware.

The assets recovered also include “dozens of illiquid cryptocurrency tokens,” and Landis noted that the “holdings are so large relative to the total supply that our positions cannot be sold without substantially affecting the market for the token.”

It's an eerily similar position to the one that Alameda Research, FTX's trading desk, found itself in when it held billions worth of FTX's exchange token FTT on its books against billions in liabilities. That revelation, in early November, was the first domino to fall for the company. The resulting rush of withdrawals forced FTX to shut down its exchange and file for bankruptcy on November 11. At the same time, FTX founder Sam Bankman-Fried resigned as CEO.