FTX court decision set for today
FROM the article
All eyes are now on the court, which is set to make a crucial decision on September 13.
Should the court greenlight the proposal, Galaxy Digital would embark on selling up to $200 million worth of assets on a weekly basis. For the initial week, the limit is capped at $50 million, but it would then rise to $100 million, with FTX having the option to request further increases up to $200 million, subject to the court’s discretion.
https://coinmarketcap.com/community/articles/6500b6575167295c7d4cdb91/Open linkView original on lemmy.whynotdrs.org
1 reply
And then...dip.