FTX Wins Court Approval to Sell $744 Million in Grayscale Assets to Repay Creditors After Collapse
• FTX won court approval to sell $744M in assets held by Grayscale to repay creditors • Assets include stakes in Grayscale's digital trusts • Funds raised will help pay back creditors owed billions after FTX collapse • FTX recovered $7B in assets so far, about half in cryptocurrency • FTX founder Sam Bankman-Fried awaiting sentencing on fraud and money laundering charges