FTX Debt Recovery: Court Approves Sale of Grayscale Assets Worth $873M Now
At the time FTX filed for bankruptcy, the total amount of customer assets misappropriated was about $8.7 billion.
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At the time FTX filed for bankruptcy, the total amount of customer assets misappropriated was about $8.7 billion.
In the crypto market, projects with real-world utility will constantly outshine those that do not.
Cryptocurrency investors have been warned to stay away from Hedera (HBAR) and FTX Token (FTT) by experts in the industry.
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The massive liquidity crisis at the FTX exchange has prompted calls for clear regulations in the US crypto market.
FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. FTX was incubated by Alameda Research, a cryptocurrency liquidity provider. FTX’s leveraged tokens aim to provide a clean, automated way for users to get leverage. FTT is the FTX ecosystem utility token. Holders of FTT reportedly receive benefits such as:
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