Cryptocoins News / The Cointelegraph - 5 months ago
The new CFTC proposal enhances rules for futures commission merchants and derivative clearing organizations, mandating high liquidity in customer fund investments. The...
More / Bitcoin Reddit - 6 months ago
LedgerX is currently one of the only ways in the US to trade options on BTC and they're regulated by the CFTC. Since their acquisition from the FTX bankruptcy, they've nuked their Discord for reasons unknown. While it wasn't extremely act...
Cryptocoins News / Finance Magnates - 11 months ago
Miami
International Holdings (MIH), a US-based exchange conglomerate, has finalized
its $50 million acquisition of LedgerX from the bankrupt cryptocurrency
exchange FTX and its debtors. LedgerX, one of the few solvent subsidiaries of the Founder of F...
Cryptocoins News / EthereumWorldNews - 11 months ago
Miami-based M7 Holdings has successfully acquired FTX’s crypto derivatives exchange LedgerX.The acquisition will diversify the portfolio of M7’s parent firm, which operates the Bermuda Stock Exchange and the Miami International Securities Exchange.F...
Cryptocoins News / The Cointelegraph - 11 months ago
The deal was announced in April and approved by the bankruptcy judge on May 4. The Miami International Securities Exchange (MIAX), owned by Miami International Holding...
Cryptocoins News / CoinJournal - 11 months ago
The Miami International Securities Exchange (MIAX) is owned by Miami International Holdings (MIH).
The acquisition deal was announced in April and approved by the bankruptcy judge on May 4.
LedgerX is one of the FTX assets the bankruptcy court appro...
Cryptocoins News / EthereumWorldNews - 11 months ago
The Bankruptcy Court of Delaware has authorized bankrupt crypto exchange FTX to sell its LedgerX.The derivatives trading platform is set to be sold to M7 Holdings LLC for $50 Million.The sale is part of a broader effort from the bankrupt exchange’s...
Cryptocoins News / The Cointelegraph - 11 months ago
The judge said he read all the papers and declarations related to the FTX debtors’ motion for the sale of LedgerX and was “satisfied” with the proceedings. The judge p...
Cryptocoins News / Finance Magnates - 11 months ago
FTX and its debtors announced on Tuesday the sale of its crypto derivatives exchange subsidiary LedgerX to M7 Holdings, an affiliate of Miami International Holdings (MIH), for a total consideration of about $50 million.
FTX Offloads LedgerX to Miami...
Cryptocoins News / EthereumWorldNews - 11 months ago
FTX debtors have reached an agreement with an affiliate of Miami International Holdings to sell LedgerX.& LedgerX will be sold to M7 Holdings for $50 million after it emerged as the top bidder in the exchange’s bankruptcy auction.& FTX US ac...
Cryptocoins News / The Cointelegraph - 11 months ago
The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale. FTX announced that it...
by COINS NEWS - 1 year ago
This is a cross-post from robotwizard_9009... I have evidence that Robinhood, w/ Jump Trading, tokenized our stonks with FTX for Melvin Firstly, it's important to know that Jump Trading is the crypto arm of RH and the largest holder of dogecoin.....
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
FTX’s crypto derivatives exchange LedgerX instructed customers to make local wire transfers through Signature bank instead of the firm’s usual banking partner, Silvergate bankBloomberg reported that LedgerX users will have t...
Cryptocoins News / Finance Magnates - 1 year ago
<p>FTX has received a court's permission to sell CFTC-regulated derivatives exchange LedgerX LLC, the <a href="https://www.financemagnates.com/terms/e/equities/" target="_blank" id="d6e02698-4c6b-44dd-ab57-9ff12...
Cryptocoins News / CoinJournal - 1 year ago
The judge in charge of overseeing the FTX bankruptcy proceedings has given FTX approval to sell some assets.
The assets under consideration include LedgerX among other assets.
The move will allow FTX to get money to repay its creditors.
After filin...
Cryptocoins News / Blockchain - 1 year ago
According to FTX lawyer Andy Dietderich, FTX recovered $5 billion in cash and cryptocurrency. LedgerX, Embed, and FTX Japan and Europe are the assets. 117 parties indicated interest in buying FTX assets this week. (Read More)
Cryptocoins News / The Cointelegraph - 1 year ago
The FTX assets that will be sold include the derivatives platform LedgerX, the stock-clearing platform Embed and its regional arms, FTX Japan and FTX Europe. The judge...
Bitcoin News / Bitcoinist - 1 year ago
As the FTX investigation is still ongoing, several unexpected incidents have been discovered. In today’s news, Andrew Vara, the US bankruptcy trustee in FTX’s case, disclosed that the beleaguered exchange has refused to provide financial details rega...
Cryptocoins News / CoinJournal - 1 year ago
FTX lawyers are seeking permission from a US bankruptcy court to be allowed to sell their businesses.
The businesses that FTX seek to auction were only acquired recently.
FTX wants to auction the businesses before they lose too much value or have th...
Cryptocoins News / The Cointelegraph - 1 year ago
The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process. Lawyers representing FTX are seeking permis...
Cryptocoins News / The Cointelegraph - 1 year ago
"The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure," said Rostin Behnam in a hearing on FTX's failures....
Cryptocoins News / The Cointelegraph - 1 year ago
”The customer property at LedgerX — the CFTC-regulated entity — has remained exactly where it should be, segregated and secure,” Rostin Behnam said at a hearing on FTX’s failures....
Cryptocoins News / CoinJournal - 1 year ago
Crypto exchange FTX and its United States arm FTX US have expanded over the past few years, but Brett Harrison believes LedgerX’s acquisition remains the most significant for the company.
Brett Harrison, the president of FTX US, the United Sta...