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FTX gets court approval to sell crypto assetsBankrupt crypto exchange FTX received U.S. court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would allow it to repay customers in U.S. dollars and minimize risks related to price volatility in crypto markets.
Source: Reuters - 🏆 2. / 97 Read more »
Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts SayCrypto markets slumped Monday amid concern FTX will unload some of its $3.4 billion of crypto assets.
Source: CoinDesk - 🏆 291. / 63 Read more »
FTX Tweaks Crypto Sale Proposal to Placate U.S. GovernmentThe bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned
Source: CoinDesk - 🏆 291. / 63 Read more »