The post FTX Issues Warning on Unauthorized Bid Solicitations Amid Bankruptcy Proceedings appeared first on Coinpedia Fintech News
As FTX Derivatives Exchange is gradually fulfilling its bankruptcy proceedings and its obligations to affected creditors, the firm has issued a cautionary notice, highlighting its exclusive partnership with authorized investment manager Galaxy Asset Management.
The warning emphasizes the importance of dealing solely with the authorized manager amidst attempts by non-authorized entities to solicit bids on behalf of FTX Derivatives Exchange.
Authorized Investment Manager – Galaxy Asset Management
In a series of posts on social media platform X, FTX has underscored Galaxy Asset Management as its exclusive investment manager authorized by the bankruptcy court. The warning explicitly states that Galaxy Asset Management will exclusively handle any offers or solicitations for bids. Non-authorized third parties attempting to engage in these activit
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