In a major development today, FTX has received judicial approval to liquidate its cryptocurrency assets to repay its creditors. The permission came from the U.S. Bankruptcy Court for the District of Delaware. This move enables FTX, which is undergoing bankruptcy proceedings, to not only sell but also stake and hedge its substantial cryptocurrency portfolio, currently valued at more than $3.4 billion.... Read More: Breaking: Court Approves FTX’s Request to Liquidate Crypto Assets – Which Coins Will Be Impacted?
