FTX debtors file bidding procedures motion for sale of four businesses

This post was originally published on this site

https://i-invdn-com.investing.com/trkd-images/LYNXMPEIBF0NI_L.jpg

(Reuters) – FTX and its affiliated debtors said on Friday the company had filed a motion with the Bankruptcy Court seeking approval of bidding procedures to sell four businesses.

Debtors of the bankrupt cryptocurrency exchange intend to conduct auctions for Embed, LedgerX, FTX Japan and FTX Europe businesses, according to the statement.