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 ...