Among the assets of the bankrupt FTX exchange is LedgerX, the sale of which has just been approved.
Not to be confused with the French company Ledger, which makes the hardware wallet of the same name, LedgerX is a different company and deals in options, futures and clearing services.
Specifically, it is a crypto futures and options exchange with a clearing house regulated by the US Commodity Futures Trading Commission (CFTC). It is still an active platform and is owned by FTX.
The FTX collapse
Following the collapse of FTX in November last year, the administration of its assets was placed in the hands of the receiver.
The receiver is obviously trying to find funds to return as much as possible to creditors.
To this end, a motion was filed with the bankruptcy court in April to sell LedgerX to M7 Holdings, a subsidiary of Miami International Holdings.
This motion was approved yesterday by Judge John Dorsey of the US Bankruptcy Court for the District of Delaware, and is expected to
We współpracy z: https://en.cryptonomist.ch/2023/05/05/ftx-sale-ledgerx-approved/
