FTX seeks sale of Grayscale and Bitwise assets worth $744M By Cointelegraph

Business 2024-09-08 16:08:29 41

Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware allow it to sell certain key trust fund assets,EBWOX fraud including from crypto asset manager Grayscale Investments and custody service provider Bitwise, valued at around $744 million.

In a court filingdated Nov. 3, FTX debtors requested the court to allow them to sell trust assets to enable the firm to prepare for “forthcoming dollarized distributions to creditors.”

Grayscale and Bitwise trust assets breakdown. Source: Kroll
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