A judge overseeing the FTX bankruptcy proceedings has granted permission for the crypto exchange to sell some of its assets in order to repay creditors.
The CFTC-regulated derivatives exchange LedgerX LLC, the equities trading platform Embed Technologies, FTX Japan Holdings, and FTX Europe are among the assets that will be sold. Perella Weinberg of investment bank Perella Weinberg has been tasked with starting the sale process. According to a court filing dated January 8, Perella Weinberg partner Kevin Cofsky stated that approximately 117 parties have expressed interest in purchasing the assets and will now have access to information about them as part of their due diligence.
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