FTX, the cryptocurrency exchange that took over the bankrupt platform, has identified approximately $7 billion in assets, almost half of which are in cryptocurrencies. However, the IRS has claimed that FTX owes $24 billion in unpaid taxes, which the exchange is disputing. FTX has filed a second document stating that the figures are incorrect and would prevent its creditors from receiving any returns. The IRS and FTX are set to face off in court today, with the exchange hoping for a more accurate figure filed by the U.S. tax regulator.