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Tag: ftx europe

FTX EU Launches Site to Process Customer Withdrawals

FTX EU introduces withdrawal website Platform bankruptcy occurred in November Site approved by Cyprus regulator FTX EU, the European branch of the global...

FTX EU launches withdrawal website to pay back European users

The European arm of FTX, FTX EU has launched a website to allow European customers to submit withdrawal requests.It comes nearly five months after...

FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund

According to the papers filed with the court, Alameda Research, the investment division of FTX, has reached an agreement to sell the company’s remaining...

Abu Dhabi Wealth Fund Saves Bankrupt FTX in a Million-Dollar Deal

Alameda Research to sell stake in Sequoia Capital to Abu Dhabi fund for $45M. Sale pending approval from Delaware bankruptcy judge. FTX selling...

FTX Expands Bid Deadline for Japan and Europe Subsidiaries

FTX proposed to extend the bid date for its Japan and Europe subsidiaries. The preliminary bid date is extended to March 8, while the...

FTX Cleared to Sell LedgerX, Other Assets to Repay Creditors

A judge overseeing the FTX bankruptcy proceedings has given the crypto exchange permission to sell off some of its assets in order to repay...

FTX has the green light to sell its other businesses including LedgerX

The judge in charge of overseeing the FTX bankruptcy proceedings has given FTX approval to sell...

LedgerX, Other Assets Sold By Bankruptcy Court For FTX

The court who is in charge of monitoring the bankruptcy proceedings for FTX has allowed the troubled cryptocurrency exchange permission to liquidate some of...

Crypto Wallet of FTX Sister Firm Alameda Research Receives $30M USDC

Recently, Alameda Research crypto wallet got $30 million in USDC stablecoin. Alameda has $167 million in the said wallet, comprising stablecoins, ETH, and others....

Ripple exec expects more crypto acquisitions by TradFi in 2023

The cryptocurrency industry will see increased consolidation in 2023 as healthier companies acquire more crypto and blockchain companies, according to a senior executive at...

Market Analysis Report (10 Jan 2023)

FTX’s businesses have drawn interest from roughly 117 different parties, according to a new legal filing in the collapsed crypto exchange’s bankruptcy case. Lawyers...

US Trustee Objects to FTX’s Plans to Sell Business Units

A U.S. Trustee has opposed FTX’s proposed sale of some of its solvent subsidiaries, including LedgerX, FTX Japan and FTX Europe. According to a court...

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