FTX submitted a filing requesting permission to engage in these activities in August, arguing that hedging its crypto assets would “allow the Debtors [FTX] to limit potential downside risk prior to the sale of such bitcoin or ether,” while “staking certain digital assets … will inure to the benefit of the estates – and, ultimately, creditors – by generating low risk returns on their otherwise idle digital assets,” according to the filing by FTX’s lawyers.
Fartcoin Merchants Should Watch This Key Stage if Solana Hits $200
Fartcoin worth surged 18% on to hit $1.25 on Thursday, consolidating its place because the third-largest memecoin on the Solana...
