News

FTX Gets Court Approval to Sell Billions in Bitcoin, Ethereum and Solana

FTX's $3.4 Billion Crypto Portfolio Includes Solana, Bitcoin and Ethereum

Collapsed digital asset exchange FTX was today given the green light to sell a billions worth of crypto assets by the judge overseeing its bankrtupcy proceedings.

Delaware Bankruptcy Court officials approved that the defunct crypto brand can now sell $3.4 billion in Solana, Ethereum, Bitcoin, and other assets.

FTX quickly and unexpectedly went bankrupt last November due to alleged criminal mismanagement.

This is a breaking news story and will be updated. 

Stay on top of crypto news, get daily updates in your inbox.



Source: https://decrypt.co/156498/ftx-gets-approval-to-sell-bitcoin-ethereum-solana

Leave a Reply

Your email address will not be published. Required fields are marked *