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coinpedia 2023-11-06 08:25:25

FTX Aims to Sell $744 Million in Crypto Assets to Pay Back Creditors

The post FTX Aims to Sell $744 Million in Crypto Assets to Pay Back Creditors appeared first on Coinpedia Fintech News In a recent move, FTX and its debtors filed a motion in the Delaware bankruptcy court, signaling their intent to sell approximately $744 million worth of digital asset trusts managed by Grayscale and Bitwise. This significant transaction is part of the efforts to liquidate resources and provide recompense to the creditors impacted by FTX’s collapse. …

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