Judge John Dorsey approved the sale of 4 companies that belong to the bankrupt cryptocurrency exchange FTX. LedgerX, Embed, FTX Europe and FTX Japan will be sold to investors.
FTX currently owes more than a million customers. The sale of companies from the portfolio of the exchange will help pay off part of the funds. The auction for the purchase of these companies should take place in the near future. At the same time, more than 100 investors expressed interest in buying one or more companies.
Judge John Dorsey ruled that representatives from a division of the US Department of Justice would oversee the sale of FTX-owned companies. In case of violations of the rules of the auction, they will be able to block the sale.
Note that FTX clients have more and more hopes for compensation. So, yesterday, January 12, it was reported that the temporary site managers discovered various assets of the exchange in the amount of $ 5 billion. Moreover, they called these assets liquid, so they can be sold and compensated to affected users.
Source: Bits
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