Deals • February 17, 2023, 6:35PM EST Published 1 hour and 20 minutes earlier on Blockchain.com isn’t selling any subsidiaries and hasn’t spoken to Coinbase about possible deals, a person ...
Tag: Subsidiaries
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate – Bitcoin News
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level execut...
Court Allows FTX To Sell Jap, European Subsidiaries
FTX News: As per the latest Bankruptcy ruling, FTX has been granted permission to sell all four key units including its derivatives arm and stock clearing firm Embed, along with FTX Japanese and Europ...
Bankruptcy Court Allows FTX To Sell Key Subsidiaries and Assets
10 hours ago | 2 mins read Exchange News Judge John Dorsey has authorized the sale of four key subsidiaries of FTX. This week, 117 potential buyers showed interest in acquiring the FTX assets. The ban...
FTX Greenlighted to Sell 4 Independently Operated Subsidiaries
The Bankruptcy Court of Delaware has approved bidding procedures for four of FTX’s independent solvent subsidiaries in an attempt to generate money to repay the creditors. In Thursday’s hearing, Judge...
Four FTX Subsidiaries on Sale—117 Interested Parties in Queue
The crypto exchange debtors sought potential buyers for companies. FTX filed for Chapter 11 Bankruptcy in November. The collapsed Bahamian crypto exchange FTX is going through bankruptcy proceedings ...
Customers interfered with FTX’s plan to sell subsidiaries
FTX’s clients have filed a limited objection to the organization’s liquidation procedures for the four subsidiaries. They seek the rights of customers to have up-to-date information regarding the proc...
MicroStrategy and Its Subsidiaries Together Add 2,500 Bitcoins
MicroStrategy has almost 132,500 bitcoin in its possession as of 27th December 2022. On December 22nd, for tax purposes, MacroStrategy sold about 704 bitcoins. Michael Saylor, a Bitcoin maximalist, st...
FTX Files Request to Sell 4 of Its Solvent Subsidiaries
Earlier, FTX made a number of targeted acquisitions that established it as a market leader in the digital currency ecosystem. Bankrupt digital currency trading and derivatives platform, FTX has filed ...
FTX Seeks Court Approval to Sell LedgerX Including Three Other Subsidiaries
Millions lost funds in FTX Collapse. FTX is waiting for court approval to sell off its major subsidiaries. FTX, once one of the largest cryptocurrency exchanges, filed fo...
FTX looking to sell several subsidiaries, including FTX Japan and LedgerX
FTX to sell multiple subsidiaries in a bidding war. This move would help ease the firm’s debts. Bankrupt exchange FTX is seeking the sale of several of its subsidiaries amid its bankruptcy proceedings...
All about DCG, its subsidiaries, and why investors shouldn’t fret over liquidation
Recent developments around the Digital Currency Group (DCG) led to widespread speculation about its future of its star subsidiaries. These include Genesis Global Trading and more importantly Grayscale...
Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals – Featured Bitcoin News
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “t...
FTX Exploring Sale or Recapitalization of Healthy Subsidiaries, According to New CEO
The new CEO of bankrupt crypto exchange FTX says the firm is looking at the prospect of selling and recapitalizing some of its subsidiaries in the coming weeks. In a new statement, John J. Ray, who re...
Most of FTX Subsidiaries Are Solvent, Claims John J. Ray II
FTX CEO Mr. John J. Ray, III releases a strategic review report on their global assets. After filing for Chapter 11 bankruptcy, FTX attempts to optimize reclaimable value for stakeholders. As per the...