The U.S. Bankruptcy Court for the District of Delaware has given FTX, the bankrupt cryptocurrency exchange, the green light to liquidate approximately $3.4 billion in digital assets
According to filings dated Sept. 11, the beleaguered exchange has assembled assets of around $7 billion, which include $1.16 billion in Solana tokens, $560 million in Bitcoin , and $119 million in XRP. , led by Mike Novogratz, will act as the investment manager responsible for conducting the sale.
The scheme permits FTX to sell up to $100 million worth of tokens each week, a cap that could potentially be doubled for individual tokens.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Judge Allows Bankrupt FTX To Sell Its Crypto Holdings, Including BTC and SOLLawyers of FTX had submitted a filing with the U.S. Bankruptcy Court for the District of Delaware, asking for permission to sell, stake and hedge its crypto holdings in order to pay back creditors.
Leer más »
XRP, SOL, ETH Among Key Assets in FTX’s $3.4 Billion Liquidation PlanCryptocurrency markets are bracing for impact as FTX, the troubled crypto exchange that declared bankruptcy last year, nears approval for a massive $3.4 billion asset liquidation
Leer más »
Bitcoin price falls as market ponders possible FTX crypto salesBitcoin is caught in bearish territory amidst the anticipated liquidation of FTX's remaining crypto asset holdings.
Leer más »
Bankrupt FTX estimated to be worth around $7 billion; Solana alone worth around $1.16 billionFTX is once again making headlines a little less than a year since its collapse for the upcoming hearing. The Omnibus hearing will decide whether FTX
Leer más »
LayerZero Hits Back at FTX Following Lawsuit Over Previous Commercial RelationshipAccording to LayerZero’s CEO, FTX’s accusations are unfounded and ignore previous attempts by his company to smooth things over.
Leer más »
Ex-Giuliani associate Lev Parnas freed from prison, allowed to use medical marijuana while on probationFormer Rudy Giuliani associate Lev Parnas is asking a judge to allow him to use medical marijuana while he’s out on probation.
Leer más »