FTX Creditors Alliance: Preliminary public bidding acquisition will be announced before December 16
FTX 2.0 Coalition, a group of FTX creditors, has released the latest court update: 1. The stalking horse bid will be announced before December 16th. Note: The stalking horse bid refers to the initial public bidding action proposed by the buyer selected by the company applying for bankruptcy protection, which can attract more potential buyers to propose competitive acquisition prices. 2. A motion to estimate the value of cryptocurrency claims will be made in November. 3. Customer names will remain anonymous (permanently anonymous for natural persons).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cboe set to launch first cash-settled options related to spot Bitcoin
Sui is growing due to great developer experience — Router CEO
Sui Partners with Franklin Templeton to Boost Blockchain Innovation and DeFi Growth
UK Set to Introduce Long-Awaited Crypto Regulations Next Year