

Blockchain
FTX allowed by bankruptcy judge to sell LedgerX, other assets – Crypto News
The judge in charge of overseeing the FTX bankruptcy proceedings has given the embattled crypto exchange the approval to sell some of its assets to aid its efforts in repaying its creditors.
According to a court filing, Delaware Bankruptcy Court Judge John Dorsey has approved the sale of four key units of FTX. This includes the derivatives platform LedgerX, the stock-trading platform Embed, and its regional arms FTX Japan and FTX Europe.
Interested bidders can now contact investment bank Perella Weinberg, which is tasked with beginning the sale process, representing FTX and its assets. Earlier this week, 117 parties have already expressed their interest in purchasing the FTX assets that are up for sale. These parties are currently allowed to access information regarding the assets, as part of their due diligence before buying up the units.
Lawyers representing FTX started to seek the court’s permission to sell the four units on Dec. 15 citing the risks of loss of value for the assets. At the moment, FTX Europe had its licenses suspended while FTX Japan has been subject to business suspension order,
Related: Crypto.com CEO announces 20% staff cut, ‘did not account’ for FTX collapse
The embattled crypto exchange has reportedly recovered around $5 billion in cash and cryptocurrencies according to FTX lawyer Andy Dietderich. The FTX attorney said that while the exchange has recovered some funds, the crypto platform is still in the process of working to rebuild its transaction history. In addition, the customer shortfall’s total amount remains unclear, the lawyer said.
Meanwhile, former FTX CEO Sam Bankman-Fried, who pleaded not guilty to all criminal charges sent his way, recently claimed that he did not steal funds To install nor stash billions. The former CEO said that FTX international had $8 billion during the time when its next CEO John Ray took over. Bankman-Fried also said that he pledged to use his personal assets to aid the effort in reimbursing users.
-
Blockchain1 week ago
Bitcoin Enters ‘Optimism Stage’—Is a Massive Rally About to Begin? – Crypto News
-
Metaverse1 week ago
Mint AI Summit 2025: How enterprises are using AI – Crypto News
-
Blockchain1 week ago
Bitcoin Enters ‘Optimism Stage’—Is a Massive Rally About to Begin? – Crypto News
-
Blockchain2 days ago
Stablecoins Pull Away From Crypto – Crypto News
-
Metaverse1 week ago
AI democratization crucial for India’s global leadership, say experts at Mint AI Summit 2025 – Crypto News
-
Cryptocurrency1 week ago
Ripple Grants $50 Million to Nonprofit Aiming to Raise US Crypto Awareness – Crypto News
-
Cryptocurrency3 days ago
MOVE price hikes 7% in 24 hours, 33% up from weekly lows – What next? – Crypto News
-
Cryptocurrency1 week ago
Moonbirds, Reddit Founders Resurrect Social News Site Digg—With an AI Twist – Crypto News
-
others1 week ago
Chainlink Price Jumps Past $15 As Whale Accumulation Signals Strength – Crypto News
-
Cryptocurrency1 week ago
134K Solana unstaked and listed for sale: Decoding SOL’s road ahead – Crypto News
-
Technology3 days ago
Truemarkets Officially Launches as Prediction Market with $TRUE – Crypto News
-
Technology1 week ago
Dogecoin Price Eyes Rally As Wallet Addresses Reach All Time High – Crypto News
-
Cryptocurrency1 week ago
US crypto reserve clarification coming? Wait til Friday. – Crypto News
-
Cryptocurrency1 week ago
Ethereum’s large purchase: Potential rebound or investor trick? – Crypto News
-
Technology1 week ago
Elon Musk’s Grok AI goes rogue once again, calls US President Donald Trump a Russian asset – Crypto News
-
Technology1 week ago
Nothing Phone 3a Pro launched at ₹29,999: Here is how it fares among 5 peers – Crypto News
-
Cryptocurrency1 week ago
This Ripple Metric Explodes by Over 600% in a Week: XRP Price Pump Incoming? – Crypto News
-
Technology1 week ago
Arbitrum Price Rally 14% as Robinhood Listing Fuels Market Optimism – Crypto News
-
others1 week ago
No surprises expected at the ECB meeting – Crypto News
-
Blockchain1 week ago
Ethereum price ‘double top’ hints at 42% drop as ETH bull market ends – Crypto News
-
others1 week ago
Dow Jones bounces as tariff threats give way to concessions – Crypto News
-
others1 week ago
Price increases ahead of tariffs could spell trouble for inflation – Crypto News
-
Cryptocurrency1 week ago
Bitcoin, Ethereum Rally as Markets Weigh Trade Tensions and China’s Stimulus Push – Crypto News
-
Technology4 days ago
Wayve Reportedly Ready to Roll Out Self-Driving Tech – Crypto News
-
Cryptocurrency3 days ago
BC.GAME Team Compete for Top Prizes as BC.GAME ESPORTS Expands Its Line-Up – Crypto News
-
Cryptocurrency1 week ago
PI Network hits major milestone as $PI & XRP whales move to new AI agent launchpad on Ripple – Crypto News
-
Cryptocurrency1 week ago
US Sanctions Iranian Operator of Nemesis Darknet Marketplace – Crypto News
-
Technology1 week ago
Analyst Predicts Ethereum Price Rally to $4K As Devs Fix Pectra Testnet Bug – Crypto News
-
others1 week ago
Veteran Trader Believes Bitcoin Low Is In, Says Downside Volatility Presenting Bullish Opportunities – Crypto News
-
Blockchain1 week ago
Bitcoin Price Suffers Bearish Deviation After Filling CME Gap, Is This Good Or Bad? – Crypto News
-
Cryptocurrency1 week ago
Tariff fears wipe out SOL’s weekend gains – Crypto News
-
Cryptocurrency1 week ago
US Senate Votes to Repeal IRS DeFi Reporting Rule – Crypto News
-
others1 week ago
US Government Blacklists Slew of Bitcoin and Monero Addresses Linked to Man Accused of Running Darknet Marketplace – Crypto News
-
Technology1 week ago
Mt Gox Moves $1B BTC To Unknown Wallet As Bitcoin Price Hits $92K – Crypto News
-
Cryptocurrency1 week ago
What’s the strike price on Trump’s put? – Crypto News
-
Cryptocurrency1 week ago
Exclusive: Seismic raises $7M in round led by a16z Crypto – Crypto News
-
Technology1 week ago
Apple MacBook Air (2025) now available at a MASSIVE ₹10,000 discount: Bank offers, sale and more – Crypto News
-
Blockchain5 days ago
XRP Price Chart Signals Trouble – Is A Drop To $1.20 Possible? – Crypto News
-
Technology5 days ago
Beware the dangers of data – Crypto News
-
Cryptocurrency5 days ago
How Freepik Transformed From a Stock Image Platform Into a Generative AI Powerhouse – Crypto News
-
Technology5 days ago
Mint Primer: AI in the air: How gadgets will change forever – Crypto News
-
Technology4 days ago
Industry 5.0, AI and India: Schneider Electric’s Barbara Frei on making factories smarter – Crypto News
-
Cryptocurrency3 days ago
California Shuts Down 26 Crypto Scam Sites Tied to $4.6 Million in Losses – Crypto News
-
Cryptocurrency3 days ago
Ethereum Price Analysis Ahead of Upcoming Blood Moon Lunar Eclipse – Crypto News
-
Business3 days ago
Here’s Why Investors Are Revenge Shorting This Meme Coin Even After 30% Crash – Crypto News
-
Technology1 week ago
Robert Kiyosaki Predicts Bitcoin Will Resolve American Financial Woes – Crypto News
-
Technology1 week ago
Nothing Phone 3a Pro vs Nothing Phone 3a: Should you pay extra Rs.5000? – Crypto News
-
Technology1 week ago
Best refrigerators under ₹20000 in March 2025: Top budget friendly, feature packed picks for budget conscious buyers – Crypto News
-
others1 week ago
Pound Sterling strengthens against US Dollar as US ADP Employment misses estimates – Crypto News
-
Blockchain1 week ago
2.23 Million Chainlink Moved To Exchanges In Two Weeks – Selling Pressure Incoming? – Crypto News