FTX Japan’s business sale auction, bidding deadline extended

FTX Japan’s business sale auction, bidding deadline extended
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The manner in which Alameda's portfolio assets will be managed has not been discussed.

According to the blockchain etherscan explorer, the portfolio with assets worth approximately 1.6 billion yen holds 15.744 eth (worth 3.3 billion yen) and chips worth 25 billion yen, including tether (usdt).

As per documentation submitted by law firm A Bitfinex spokesperson said US cryptocurrency media CoinDesk, "Alameda has an account with Bitfinex and we are working with the liquidator. on the 1st, the deadline for submission has been changed to April 19, Auction date as of April 26, and the date of the decision to sell is later than May 1. Extension of the Japanese FTX tendering process.

With respect to the commercial sale of the crypto asset in bankruptcy (VC) FTX exchange, The tender process for the Japanese company FTX Japan and the European company FTX Europe has been extended by approximately one month each. As per documentation submitted by law firm FTX on the 1st, the deadline for submission has been changed to April 19, Auction date as of April 26, and the date of the decision to sell is later than May 1. A file dated 8 January showed that 41 enterprises were interested in the acquisition of ftx japan and 40 enterprises in ftx europe.

Dai matsumoto, chairman and CEO of the monex group, the national cryptocurrency parent company, also expressed interest in the acquisition of ftx Japan.

It appears that debtors are interested in maximizing repayment funds to creditors by selling the business to a buyer on better terms.

A file dated January 8 indicated that 41 firms were interested in the acquisition of FTX Japan and 40 firms of FTX Europe.

FTX Japan to return customer assets by mid-February next year

Asset consolidation of FTX

FTX Japan segregated and managed customer funds, but the global version of FTX.com’s customer assets were mixed with the assets of Alameda Research, a sister company that makes markets. pointed out by

Former FTX CEO Sam Bankman-Fried has denied the charges, but former Alameda Research CEO Caroline Ellison and others have pleaded guilty to criminal charges, including conspiracy to commit wire fraud against FTX customers. Late last year, you know, FTX Japan announced that it was planning to resume withdrawals of customer assets that had been frozen (suspension of withdrawals) due to the bankruptcy of its parent company FTX Global by mid-February.

Former Alameda Research CEO Caroline Ellison and others pleaded guilty to criminal charges, including conspiracy to commit electronic fraud against FTX clients. Cooperating.#peckshieldalert

~$13M in cryptos transferred to alameda's consolidation address, including ~$6M usdt. We are returning the assets through

FTX lawyers announced on January 11 that they had recovered approximately ?660 billion (approximately $5 billion) in assets consisting of highly liquid cryptocurrencies and investment securities. It is unclear why these assets were consolidated into one portfolio.

A spokesman of bitfinex told us cryptocurrency media coindesk, "alameda has an account with bitfinex and we work with the liquidator. Cryptos valued at approximately $13 M were transferred to Alameda's consolidation address, of which approximately $6 M USD.

It is unclear why these assets have been consolidated into a single portfolio.

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