FTX has been granted court approval to liquidate its crypto assets.
BlockBeats reported on September 14th that a Delaware judge has approved an order allowing the bankrupt cryptocurrency exchange FTX to sell or invest its $3.4 billion worth of cryptocurrency. The plan indicates that most tokens can only be sold for $100 million per week, but the cap for each token may permanently increase to $200 million. When selling bitcoin, ethereum, and other tokens, the management agency must notify the US trustee's office 10 days in advance.