Bankrupt crypto exchange FTX can sell and invest its crypto holdings worth over $3.4 billion to pay back creditors, a US judge has ruled.
Judge John Dorsey in the US Bankruptcy Court for the District of Delaware approved the motion and overruled objections opposing the plan, reports Coindesk.
FTX holds $1.16 billion of solana crypto tokens -- approximately 16 per cent of the token’s outstanding supply -- and about $560 million in Bitcoin.
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