FTX court decision set for today

https://coinmarketcap.com/community/articles/6500b6575167295c7d4cdb91/

FROM the article

All eyes are now on the court, which is set to make a crucial decision on September 13.

Should the court greenlight the proposal, Galaxy Digital would embark on selling up to $200 million worth of assets on a weekly basis. For the initial week, the limit is capped at $50 million, but it would then rise to $100 million, with FTX having the option to request further increases up to $200 million, subject to the court’s discretion.

4 points · 1 comments · view on lemmy.world

1 Comments

SubDRSive@lemmy.whynotdrs.org · 2 pts · 3y

And then...dip.