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FTX to Hire Galaxy Digital Capital Management to Help Sell Off $3B in Crypto

August 24, 2023
in Bitcoin
Reading Time: 1 min read
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FTX is hoping curiosity on its crypto pile will add to the inventory it could actually distribute to prospects who’re nonetheless ready for his or her a reimbursement. The corporate, now run by restructuring skilled John J. Ray III, worries that promoting multi function go would trigger the value to plummet, to the advantage of quick sellers and different market individuals. It’s turning to market consultants to determine how greatest to keep away from that, for instance through weekly gross sales limits.

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Tags: CapitalCryptoDigitalFTXGalaxyHireManagementSell
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