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FTX seeking approval to sell funds from Grayscale and Bitwise

Posted on 11/07/2023

FTX seeking approval to sell funds from Grayscale and Bitwise

FTX seeks to sell $744 million in Grayscale and Bitwise assets amid its bankruptcy proceedings. The asset sale aims to prepare for creditor payouts and minimize price volatility risks. FTX founder Sam Bankman-Fried was recently found guilty of all the charges that had been levelled against him. In a move to address its financial obligations […]

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