Sale of FTX trusts by Grayscale, Binance reserves and other crypto industry events
We have collected the most important news from crypto industry participants over the week.
FTX asked the court to sell shares of the Grayscale and Bitwise trusts for $744 million.
The court allowed Celsius to return assets to investors.
Binance reported $22.5 billion in Bitcoin reserves.
The first hybrid DFAs were released in Russia.
FTX asked the court to sell shares of the Grayscale and Bitwise trusts for $744 million
Bitcoin exchange FTX, going through bankruptcy proceedings, has filed a request to sell shares of the Grayscale and Bitwise trusts worth $744 million.
The initiative could be the first stage in the sale of assets owned by the platform, which were valued at $3.4 billion.
In October, representatives of creditors and FTX management approved a plan under which customers can expect to repay $9.2 billion by mid-2024.
That same month, the exchange's management began considering three options for restructuring the platform.
The court allowed Celsius to return assets to investors
