Bankrupt cryptocurrency exchange FTXremaining digital assets BitGoasked the court to be protected by him.
The world’s second largest cryptocurrency exchange, the so-called FTX pending court proceedings. The company is working hard to structure with its new CEO and management team. FTX started transactions such as analysis of assets and screening of creditors. A new request came from the company in the court, where there were millions of victims and creditors lined up. Cryptostock market holding 740 millionleased BitGo for the dollar asset.
FTX Will Entrust Its Assets To BitGo
Cryptocurrency exchange FTX is working hard to recover after its bankruptcy. Founder of the company Sam Bankman-FriedWith the resignation of the court, a new CEO appointed. new CEO, reported that the examination of assets has begun.
Stock company, remaining 740 million He made a request to the court to protect the dollar asset. The company that went to a judge, while the bankruptcy proceedings are pending, the remaining assets BitGodemanded its protection.
FTX, through the cold wallet of their assets on BitGofor storage 5 million dollar down payment. In addition, the company will continue to investigate and attempt to recover lost or stolen assets while the bankruptcy process continues. The company’s lawyers stated that this could increase the amount of assets in custody.
