FTX is negotiating with three bidders to restart the exchange and will make a decision by mid-December

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Cointime2023/10/24 18:09

By:Cointime

According to Bloomberg, FTX is in talks with three bidders to restart the cryptocurrency exchange, and the company will make a decision on how to proceed before mid-December. It is reported that FTX is negotiating with investors on potentially binding tender details, including options to sell the entire exchange (including a list of over 9 million customers), or to introduce partners to help restart the exchange. FTX is also considering restarting the trading platform on its own. Andrew Dietderich, the company's lawyer, stated at a court hearing that FTX and its main group of creditors have preliminarily resolved some of the most difficult disputes in the case, which will allow the company to submit a detailed payment plan in December.

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