The United States Commodity Futures Trading Commission (CFTC) has turned its attention to how companies handle customer assets. The recent CFTC proposal seeks to enhance the rules for futures commission merchants (FCMs) and…
A U.S. judge today said yes to the sale of FTX-owned derivatives trading platform LedgerX—at a massive loss. In a Thursday hearing, Judge John Dorsey quickly authorized the sale to private equity firm…
FTX bankruptcy lawyers agreed on Tuesday to sell LedgerX, the FTX-owned derivatives trading platform, to M7 Holdings. The interest purchase agreement is expected to fetch $50 million for debtors of the failed cryptocurrency…