In formal terms, the judicial decision allows bids, an auction, and a sales hearing to take place, with permission for any actual transaction to come later. Judge John Dorsey of the Delaware Bankruptcy Court, charged with overseeing the wind-up of the exchange, approved the measures in an order dated Thursday after a hearing held Wednesday. Sale notices will be published within around three business days, with indications of interest to be received between Jan. 18 for Embed and Feb. 1 for FTX Europe and Japan.
Source: https://www.coindesk.com/policy/2023/01/13/ftx-cleared-to-sell-ledgerx-japanese-units-by-bankruptcy-judge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines