Cryptocurrency trading firm Auros secured $17 million in funding after terminating its temporary liquidation process

ChainCatcher news, the cryptocurrency trading company Auros Global announced that it received a court order last week to terminate the temporary liquidation process, undergo a significant debt restructuring, and secured $17 million in funding led by traditional high-frequency trading firm Vivienne Court Trading and publicly listed Bitcoin mining company Bit Digital (BTBT).

It is reported that Auros encountered liquidity issues last November due to the impact of FTX, with approximately $20 million in digital assets trapped on FTX, and failed to repay around $18 million in DeFi loans. (CoinDesk)