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2023-05-10 14:01:46

Bankrupt FTX Closes $50 Million Sale of LedgerX, Amidst Growing Calls for Switch to Hybrid Exchanges

The post Bankrupt FTX Closes $50 Million Sale of LedgerX, Amidst Growing Calls for Switch to Hybrid Exchanges appeared first on Coinpedia Fintech News In November 2022, the cryptocurrency ecosystem was hit by a shock collapse. FTX, one of the biggest centralized exchanges at the time had irregularities in their books and had insufficient assets in reserve to match the withdrawals of customers. As the bankruptcy proceedings of FTX moves forward, the company has now announced an agreement reached …

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