What happened to FTX after bankruptcy?

Since filing for bankruptcy in November, FTX hasrecovered more than $7.3 billion in cash and liquid crypto assets, the company reported in April. As part of that broader effort, FTX on Wednesday said it would seek repayment of nearly $4 billion from Genesis Global Capital (GGC), the bankrupt lending arm of crypto firm Genesis.

Did FTX sell ledgerx?

At a hearing in Wilmington, Delaware, U.S. Bankruptcy Judge John Dorsey signed off on FTX's sale of LedgerX, its non-bankrupt crypto derivatives trading platform, to an affiliate ofMiami International Holdings.

Does Genesis owe FTX money before bankruptcy?

FTX said in a court filing thatGenesis owes it that money as a result of transactions that took place shortly before FTX's bankruptcy filing. Under U.S. bankruptcy law, debtors can try to claw back payments made in the 90 days before a bankruptcy filing so that those funds can be more equitably distributed among creditors.

Does FTX have a logo?

FTX logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo May 4 (Reuters) - Bankrupt crypto exchange FTX received U.S. bankruptcy court permission on Thursday to sell its LedgerX business for $50 million, raising additional funds to repay creditors.