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Was ledgerx excluded from FTX's bankruptcy filing?

In FTX’s bankruptcy filing on Friday, LedgerX was one of the companies excluded from the filing, Johnson stressed (although the filing did include FTX US Derivatives, alongside several other companies that aren’t even tied to FTX).

How has the FTX bankruptcy affected crypto companies?

Crypto companies are grappling with the fallout from the bankruptcy of major exchange FTX in November, which has undermined faith in the sector. Many businesses are cutting costs in an attempt to ensure their survival.

Who owns FTX Japan holdings KK?

FTX Japan Holdings K.K. operated as a registered cryptocurrency exchange under Japan’s Financial Services Agency (FSA). It was known as Liquid Group Inc. before being acquired by FTX in April 2022 and also has a subsidiary, Quoine Pte Ltd., which operates a cryptocurrency exchange in Singapore.

Which FTX companies will be auctioned off by March 2023?

According to a court filing dated Jan. 12, Dorsey approved the request to auction off four of the solvent companies in the FTX group by the end of March 2023: FTX Europe, FTX Japan, Embed Technologies, and LedgerX.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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