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FTX Approved to Sell $744 Million in Grayscale Assets
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FTX Trading Ltd. gains approval to sell $744 million in Grayscale assets to repay creditors, aiming to maximize asset value and avoid market disruption.
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How might FTX's bankruptcy filing and fraud allegations affect investor trust and regulatory scrutiny in the cryptocurrency industry?
How might the sale of Grayscale assets impact the broader crypto market?
What are the implications of FTX's recovery of $7 billion in assets for its future operations?
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