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According to reports, LedgerX is up for sale. It is one of the few remaining solvent crypto companies of SBF.
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People familiar with the matter say potential buyers include Blockchain.com and Gemini, crypto giants.
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After more than 100 FTX entities declared bankruptcy on November 11, LedgerX has been deemed one of the most valuable assets in FTX.
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John J. Ray III, CEO of FTX, and his advisors searched the company's books looking for cash, cryptocurrencies, and assets that could be resold to repay creditors.
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LedgerX had $303 million in cash on November 17, but it is still being determined how much it could make from the sale.
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Gemini & Blockchain.com are the following CFTC-registered companies.
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Bitpanda cryptocurrency exchange and Kalshi event contract trading platform have also expressed interest.
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Rostin Behnam, Chairman of the CFTC, told lawmakers Thursday that a potential sale was not being discussed.
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