The judge has approved FTX's sale of its $45 million equity in Sequoia Capital to the Abu Dhabi Investment Authority

2023-03-29 16:01:24
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ChainCatcher news, according to court documents, a Delaware bankruptcy judge has approved the sale of FTX's $45 million stake in the Sequoia Capital fund to an investment department in Abu Dhabi.

In addition, FTX has requested an indefinite postponement of the sale of its stock liquidation business, Embed. The hearing for the sale of Embed was originally scheduled for February 27 but has since been postponed. Court documents indicate that the hearing for the sale of Embed will be paused "until further notice." (source link)

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