FTX, a bankrupt crypto exchange, has been granted permission by a US bankruptcy court to sell its LedgerX business for $50 million. The sale of LedgerX, a non-bankrupt crypto derivatives trading platform, to an affiliate of Miami International Holdings will raise additional funds to repay creditors. The approval was given by US bankruptcy judge John [...] The post FTX Gets Approval For LedgerX $3.9B Sale appeared first on Competition Policy International.
LedgerX is a Florida-based digital currency futures and options exchange that offers solutions including physical settlement and algorithmic trading for investors.