{"id":16282,"date":"2023-01-10T04:09:55","date_gmt":"2023-01-10T04:09:55","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/117-parties-show-interest-in-purchasing-ftx-assets\/"},"modified":"2023-01-10T04:09:55","modified_gmt":"2023-01-10T04:09:55","slug":"117-parties-show-interest-in-purchasing-ftx-assets","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/117-parties-show-interest-in-purchasing-ftx-assets\/","title":{"rendered":"117 Parties Show Interest in Purchasing FTX Assets"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>As the deadline for opening offers approaches, 117 parties have shown interest in purchasing FTX units, according to a legal file issued Sunday.<\/p>\n<p>While the crypto company\u2019s <a href=\"https:\/\/igaming.org\/crypto\/the-seven-days-that-rocked-the-crypto-world\/\">bankruptcy<\/a> process might go on for years, the estate has prioritized the sale of LedgerX, FTX Japan, FTX Europe, and stock-clearing platform Embed, claiming they are the simplest to separate and risk losing value if not sold immediately.<\/p>\n<p>Approximately 117 parties, including various financial and strategic counterparties globally, had expressed interest to the debtors [FTX] in a potential purchase of one or more of the businesses, according to a legal declaration signed by Kevin Cofsky, a partner at Perella Weinberg, the investment bank hired by FTX Group to represent the <a href=\"https:\/\/igaming.org\/cryptocurrencies\/closed-down-bitcoin-exchanges\/\">defunct cryptocurrency company<\/a>.<\/p>\n<p>So far, FTX has signed 59 confidentiality agreements, according to Cofsky. LedgerX, a derivatives arm of FTX US and one of the empire\u2019s few remaining enterprises, tops the pack with 56 expressions of interest.<br \/>The four organizations\u2019 first proposal deadlines are expected to expire between January 18 and February 1.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/117-parties-show-interest-in-purchasing-ftx-assets\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) As the deadline for opening offers approaches, 117 parties have shown interest in purchasing FTX units, according to a legal file issued Sunday. While the crypto company\u2019s bankruptcy process might go on for years, the estate has prioritized the sale of LedgerX, FTX Japan, FTX Europe, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":14731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/16282"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=16282"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/16282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/14731"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=16282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=16282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=16282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}