Sep 13, 6:00 pm
Decrypt
FTX Gets Court Approval to Sell Billions in Bitcoin, Ethereum and Solana
FTX, the collapsed digital asset exchange, has been granted permission by the Delaware Bankruptcy Court to sell $3.4 billion worth of crypto assets, including Solana, Ethereum, and Bitcoin. The bankruptcy proceedings were initiated after FTX faced allegations of criminal mismanagement, leading to its sudden bankruptcy in November. This is an ongoing news story and will be updated accordingly.