FTX Free to Explore Sale of Europe Arm, Swiss Court Decides

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FTX Free to Explore Sale of Europe Arm, Swiss Court Decides

FTX Europe AG, the holding company of FTX’s European business, filed a petition for a Swiss moratorium proceeding, which the court granted on Tuesday, according to the announcement. A moratorium proceeding, under Swiss law, enables debt restructuring or the preservation of assets for a limited time. www.coindesk.com

FTX Europe AG, the holding company of FTX’s European business, filed a petition for a Swiss moratorium proceeding, which the court granted on Tuesday, according to the announcement. A moratorium proceeding, under Swiss law, enables debt restructuring or the preservation of assets for a limited time.

www.coindesk.com