Posted 10/25/2023, 10:20:00 AM
FTX Bankruptcy: Multiple Bidders Vie to Restart Crypto Exchange, Decision Expected by Mid-December
- Bankrupt crypto exchange FTX has received multiple bids for a potential restart
- At least three bidders are in the running to buy the exchange
- A decision will potentially be made by mid-December on plans to be submitted to the bankruptcy court
- Testimony contributed to keeping the platform's 9M+ customer list secret
- Optimistic that by December 16 there will be a plan for a reorganized exchange, partnership, or stalking horse sale
