Bankrupt FTX has been long-struggling to repay its former customers. However, the embattled crypto exchange is now riding the “sell-to-pay” route to help reduce its debt. According to Bloomberg reports, FTX is now offloading its assets that are related to cryptocurrencies to pay back customers.
FTX Crash: Embattled Crypto Exchange Offloads Crypto Assets to Pay Customers
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27 January 2024 22:00, UTC