TechFlow News — According to CoinDesk, a court filing on Tuesday revealed that a U.S. bankruptcy judge in Delaware has approved the sale of FTX’s $45 million stake in the Sequoia Capital fund to Abu Dhabi’s investment arm, the Abu Dhabi sovereign wealth fund.
FTX also requested an indefinite delay in the sale of its stock-clearing business, Embed, which was initially seen as a quick way to raise funds for unpaid creditors.
Another court filing stated that the hearing for the sale of Embed, originally scheduled for February 27, has been postponed and will now be on hold “until further notice,” without providing additional reasons.Read original article




