skip to Main Content
bitcoin
Bitcoin (BTC) $ 90,524.25 0.19%
ethereum
Ethereum (ETH) $ 2,222.29 0.58%
xrp
XRP (XRP) $ 2.60 3.94%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 602.88 0.81%
solana
Solana (SOL) $ 144.57 1.09%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.911277 7.41%
dogecoin
Dogecoin (DOGE) $ 0.203385 0.57%
staked-ether
Lido Staked Ether (STETH) $ 2,218.16 0.75%

FTX Subsidiary LedgerX to Reportedly Put $175 Million in Bannkruptcy Pot

LedgerX – one of the companies that remained solvent following the downfall of its parent FTX, is preparing to make millions available for bankruptcy proceedings.

  • According to a report by Bloomberg, LedgerX is preparing to make available a considerable $175 million to be used in the bankruptcy proceedings of FTX.
  • The money could reportedly be transferred as soon as Wednesday.
  • Bloomberg says that it’s part of a $250 million fund that LedgerX had devised for a “bid to get regulatory approval to clear crypto derivatives trades without intermediaries.”
  • FTX finalized the acquisition of LedgerX back in October 2021 in what was described as a pivotal moment for the FTX ecosystem.

The post FTX Subsidiary LedgerX to Reportedly Put $175 Million in Bannkruptcy Pot appeared first on CryptoPotato.

Loading data ...
Comparison
View chart compare
View table compare
Back To Top