Home CryptocurrencyBitcoin FTX custody unit sold for 95% less than what it paid months before the collapse

FTX custody unit sold for 95% less than what it paid months before the collapse

by SuperiorInvest

DCI was initially purchased to provide custody services for FTX.US and US-based LedgerX, but due to the collapse of the FTX empire, it was never integrated into either operation. Following the sale of LedgerX, and after FTX said it would not restart or sell its exchange, DCI had “relatively few operations.”“,” according to the court file. Still, DCI remains a valuable franchise, given that it has already acquired a South Dakota custody license, according to the document.

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