FTX Trading Ltd. is considering proposals from three bidders to restart trading on what had been one of the world’s biggest crypto exchanges before the company sank into bankruptcy amid fraud allegations.
The company will make a decision about how to proceed by mid-December, the company’s investment banker, Kevin M. Cofsky of Perella Weinberg Partners, said Tuesday during a court hearing in Wilmington, Delaware. FTX is negotiating details of potentially binding offers with investors, Cofsky said.
Author: Olivia Logan
Last Updated: 1698745562
Views: 1056
Rating: 4 / 5 (50 voted)
Reviews: 85% of readers found this page helpful
Name: Olivia Logan
Birthday: 1922-02-08
Address: 626 Kimberly Way Suite 199, West Brendahaven, CO 50877
Phone: +4548359699208834
Job: Archaeologist
Hobby: Chocolate Making, Sculpting, Painting, Backpacking, Mountain Climbing, Badminton, Gardening
Introduction: My name is Olivia Logan, I am a unwavering, multicolored, important, ingenious, resolute, Colorful, rich person who loves writing and wants to share my knowledge and understanding with you.