LedgerX highlights CFTC regulatory gap in customer asset rules
The U.S. Commodity Futures Trading Commission (CFTC) has focused its attention on how companies handle customer assets. Nevertheless, this fresh regulation does not fully encompass the innovative model of the crypto platform LedgerX, leaving key operational aspects subject to regulatory oversight ...
FTX Gets Court Approval to Sell LedgerX for $50M to Pay Off Creditors
The new owner will be Miami International Holdings And FTX will receive $50 million to pay creditors Scandalous crypto exchange FTX has received court approval to sell its "subsidiary" LedgerX for $50 million. This will allow them to raise additional capital to p ...
FTX to Sell Cryptocurrency Derivatives Platform LedgerX to Miami International Holdings for $50M
FTX, a bankrupt crypto exchange, has agreed to sell its cryptocurrency derivatives platform LedgerX to Miami International Holdings for $50 million. The sale is still subject to customary closing conditions, including approval from US regulators. The deal is expected to be approved during a sa ...