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Lawyers representing FTX are seeking permission from a U.S. bankruptcy court to sell off the firm’s Japanese and European branches, derivatives exchange LedgerX and stock-clearing platform Embed.
The lawyers note in their Dec. 15 filing that each of these businesses has been under pressure from regulators, which “merit[s] an expeditious sale process,” adding:
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Image and article originally from www.investing.com. Read the original article here.