FTX Exchange Gets Court Approval to Sell Crypto Assets, Move Will Allow Repayment to Customers

Bankrupt crypto exchange FTX received US court permission on Wednesday to liquidate cryptocurrency assets, a move the company said would allow it to repay customers in US dollars and minimize risks related to price volatility in crypto markets.

from Gadgets 360 https://ift.tt/AuDoixq

Comments

Post a Comment

Popular posts from this blog

Unacademy to Cut 10 Percent of Workforce in Second Round of Layoffs Over 'Harsh Economic Conditions'

Unacademy will cut 10 percent of its workforce due to harsh economic conditions, the firm's Founder and CEO Gaurav Munjal said in a letter to employees on Monday. This is the second round of layoffs for the company in 2022, and it is expected to affect 350 of the company's 3,500 employees. Unacademy, which was set up in 2015 and has raised funding from Softbank among... from Gadgets 360 https://ift.tt/sTSVqcC
Read more