FTX Seeks to Remove Turkish Units From Bankruptcy Case

FTX Seeks to Remove Turkish Units From Bankruptcy Case

FTX Seeks to Remove Turkish Units From Bankruptcy Case PlatoBlockchain Data Intelligence. Vertical Search. Ai.

The request concerns FTX Turkey, a local exchange 80% owned by parent company FTX Trading Ltd; and SNG Investments, a wholly-owned subsidiary of FTX’s trading arm Alameda Research. Both are described in the filing as “not strategic” within the corporate group, with assets and activities largely confined to Turkey.

Time Stamp:

More from CoinDesk