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FTX launches strategic review, seeks court relief to pay critical vendors

Por: New York Post Tech November 20, 2022

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Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganization of some businesses. FTX, along with about 101 affiliated firms, also sought court relief to allow the operation of a new global cash management system and payment to its critical vendors. The exchange and its affiliates filed for bankruptcy in Delaware on Nov. 11 in one of the highest-profile... + full article



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