FTX Gains Approval to Sell LedgerX, Embed, and Europe, Japan Entities
FTX has received a court’s permission to sell CFTC-regulated derivatives exchange LedgerX LLC, the equities -trading platform Embed Technologies, FTX Japan Holdings, and FTX Europe. All these four businesses ran independently of the now-collapsed parent crypto exchange, FTX International. The court’s permission came after the management of FTX management sought permission to offload the four subsidiaries that were acquired relatively