The bankrupt cryptocurrency exchange FTX has updated its filing in an effort to seek regulatory approval for a token sale. The amendment followed the recent speculation about FTX’s plan to sell a massive amount of its crypto assets to pay off debt earlier this month. As part of the original plan, FTX sought a regulatory green light to sell $100 to $200 million worth of its crypto assets per week. The proposal could be one of the forces behind the crypto market’s recent plunge. The potential sale sparked concerns not…
Read MoreFTX Updates Filing to Seek Token Sale Approval
