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FTX Gets Court Permission to Sell Crypto Assets: Details

FTX Alleges Former Lawyer of Aiding Sam Bankman-Fried

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. US Bankruptcy Judge John Dorsey approved FTX’s proposal at a court hearing in Wilmington, Delaware, allowing FTX to sell up to $100 million (roughly Rs. 829 crore) in cryptocurrency per week and enter…


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