FTX’s $3.4B crypto liquidation: What it means for crypto markets

The FTX chapter lawsuit reached a key juncture within the second week of September after the US Chapter Court docket for the District of Delaware accredited the sale of $3.4 billion price of crypto property.

The courtroom additionally accredited $1.3 billion in brokerage and government-recovered property as a part of the liquidation course of, with $2.6 billion in money bringing the whole tally to $7.1 billion in liquid property.

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