February 6, 2025
FTX Seeks Permission to Sell 4 ‘Independent’ Subsidiaries

The collapsed crypto exchange, https://www.financemagnates.com/tag/ftx/” target=”_blank” rel=”follow noopener”>FTX has filed a motion in the United States Bankruptcy Court seeking permission to sell four subsidiaries. FTX Japan, FTX Europe, derivatives exchange LedgerX, and stock-clearing platform Embed are the named businesses.

FTX Subsidiaries Facing Regulatory Scrutiny

All of these subsidiaries have been facing regulatory pressure since the misdeeds of the parent company which surfaced last month…
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