Sam Bankman-Fried, who founded and led FTX until a lack of liquidity forced the cryptocurrency exchange to declare bankruptcy, leaves the magistrates court building following his arrest.
FTX Debtors File Bidding Process Offer for Sale of Four of Its Businesses
FTX and its associated borrowers said Friday that the company has filed a petition with the bankruptcy court seeking approval of the bidding process to sell the four businesses.
According to the statement, the debtors of the bankrupt cryptocurrency exchange Embed, LedgerX, FTX Japan and FTX Europe intend to hold auctions for the businesses.
No comments:
Post a Comment