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Bankrupt Crypto Exchange FTX Launches Strategic Review of Assets

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Eight days after FTX Trading and some 101 affiliated companies, together called FTX Debtors, filed for Chapter 11 bankruptcy, a strategic review of the group’s global assets was set in motion. Ray added the review over the past week showed many regulated or licensed subsidiaries of FTX, within and outside of the United States, had solvent balance sheets, responsible management, and valuable franchises. (forkast)

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