Court Approves FTX Sale of $873 Million in Trust Assets to Repay Creditors!

The post Court Approves FTX Sale of $873 Million in Trust Assets to Repay Creditors! appeared first on Coinpedia Fintech News FTX’s request to sell around $873 million of trust assets to repay creditors. The assets will be sourced from FTX’s stakes in various trusts issued by crypto asset manager Grayscale Investments and custody service provider Bitwise. This is a significant development in the ongoing bankruptcy proceedings of FTX, which collapsed in November 2022. The sale …