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FTX Crash: Embattled Crypto Exchange Offloads Crypto Assets to Pay Customers

FTX Crash: Embattled Crypto Exchange Offloads Crypto Assets to Pay Customers


CoinGape
2024-01-28 03:49:53

Bankrupt FTX has been long-struggling to repay its former customers. However, the embattled crypto exchange is now riding the “sell-to-pay” route to help reduce its debt. According to Bloomberg reports, FTX is now offloading its assets that are related to cryptocurrencies to pay back customers. FTX to sell its crypto assets to repay former clients The post FTX Crash: Embattled Crypto Exchange Offloads Crypto Assets to Pay Customers appeared first on CoinGape .


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