September 14, 2023

FTX Granted Court Approval for Cryptocurrency Asset Liquidation

In a significant development, the bankrupt cryptocurrency exchange FTX has obtained approval from a U.S. court to liquidate its cryptocurrency assets. This decision, according to the company, will enable it to reimburse customers in U.S. dollars and mitigate the risks associated with cryptocurrency market price volatility. U.S. Bankruptcy Judge John Dorsey gave the green light […]