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FTX Secures Court Approval for $3.4B Asset Liquidation Plan

Bankrupt cryptocurrency exchange FTX has received approval from a U.S. court to liquidate its cryptocurrency holdings. This move aims to facilitate the repayment of customers in U.S. dollars and reduce exposure to price volatility in the crypto markets.  The U.S. Bankruptcy Judge John Dorsey’s decision allows FTX to sell up

September 14, 2023 1 min read