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Assets of Cryptocurrency Company

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Listing Information

Attachments

Assets of Cryptocurrency Company



Price: Not Specified

Other Item Info
Item #: debke_188450
Created: 12/16/2022
Category: Business Property > All Assets or Going Concerns > Financial Services
Sale Location: New York, New York
Sale Date: Tue. Feb 21, 2023
Seller Info
Kimberly A. Brown
Debtor's Attorney
919 N. Market Street Suite 1800
PO Box 2087 Wilmington, DE 19899
302-467-4400
Bankruptcy Info
Case #: 1:22-bk-11068
Case Title: FTX Trading Ltd.
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Description

Auction Sale of assets of FTX Trading Ltd., and its seller affiliates (collectively, the “Sellers”). The sale divided into the following businesses of the sellers, in each case, including any associated contracts, rights or other property of the sellers (each such business, a “Business,” and collectively, the “Businesses”):

  • The Embed Business;
  • The LedgerX Business;
  • The FTX Japan Business; and
  • The FTX Europe Business.

Assets are more particularly described from Page No. 3-6 on the attached PDF.


Sale Location

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125 Broad Street
New York, NY, 10004

Additional Details

  1. Auction Details: (i) Embed Business on February 21, 2023; (ii) LedgerX Business on March 7, 2023; (iii) FTX Japan Business on March 21, 2023; (iv) FTX Europe Business on March 21, 2023.
  2. Sale Hearing: (i) Embed Business on February 27, 2023; (ii) LedgerX Business on March 13, 2023; (iii) FTX Japan Business on March 27, 2023; (iv) FTX Europe Business on March 27, 2023.
  3. Bid Deposit: Each Qualified Bid must be accompanied by a cash deposit by wire transfer in the amount equal to 10% of the aggregate value of the cash and non-cash consideration of the bid.
  4. Bid Deadline: (i) Embed Business on February 15, 2023; (ii) LedgerX Business on March 1, 2023; (iii) FTX Japan Business on March 15, 2023; (iv) FTX Europe Business on March 15, 2023.
  5. Last date to respond: 7 days prior to the sale hearing


Other Information

Terms and Conditions:

See Attached.


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