FTX Granted Court Approval to Sell $873M Worth Of Grayscale and Bitwise Trust Assets

FTX Granted Court Approval to Sell $873M Worth Of Grayscale and Bitwise Trust Assets

FTX estate has been granted approval to sell its trust assets, which includes shares in Grayscale and Bitwise investment funds, worth approximately $873 million, according to a Delaware bankruptcy court document filed on Friday. The court has authorized FTX to execute sales of the trust assets in their reasonable business judgment, in accordance with the…