TRUMP(特朗普币)芝麻开门交易所

FTX is allowed by the court to sell $4500 of Sequoia Capital as

Date:2024-04-20 17:51:38 Channel:Trade Read:
The news that caused uproar in the financial world came that the court finally approved FTX’s sale of Sequoia Capital’s assets worth US$4,500! Behind this amazing transaction is the story of a quiet acquisition by an Abu Dhabi giant, which has aroused widespread attention and heated discussions in the industry. Let’s unveil the mystery of this remarkable transaction and delve into the details and inside story.
In today's highly competitive financial market, Sequoia Capital's transaction of $4,500 in assets is an eye-catching feast. As a high-profile financial technology company, FTX’s asset transactions have attracted much attention. This time, FTX successfully obtained court permission to sell $4,500 worth of Sequoia assets, which is undoubtedly an important milestone. As soon as the news came out, it immediately aroused widespread attention within and outside the industry. Investors began to speculate and analyze, trying to reveal the mystery behind the transaction.
Approval of this transaction is inseparable from the court's careful ruling. The role of the court as an impartial third party is particularly important in the review of such major asset transactions. Through prudent legal procedures and professional rulings, the court finally made a decision to support FTX’s sale of Sequoia assets. This decision is not only related to the interests of both parties to the transaction, but also related to the stability and transparency of the financial market. The court's prudent ruling added a layer of legal protection to this transaction and set a good example for similar transactions in the future.
On the other side of the deal, Abu Dhabi’s acquisitions have also attracted much attention. As an economically powerful region, Abu Dhabi has always been an important player in global capital markets. This acquisition is undoubtedly an important part of its strategic layout and an active intervention in the global financial landscape. Abu Dhabi's acquisitions demonstrate its ambition and global vision, and also inject new vitality and impetus into the financial market.
Behind this transaction, there are countless mysteries and stories hidden. The transaction of Sequoia Capital’s US$4,500 assets is not just a simple asset transfer, but also a competition in which the interests of all parties are intertwined. The negotiations between the two parties, the court's ruling, and the acquisition in Abu Dhabi, every link carries countless hard work and sweat. The success of this transaction must be behind the hard work and wisdom of countless people.
To sum up, Sequoia Capital’s transaction of US$4,500 in assets is a remarkable financial feast and the culmination of the wisdom and efforts of all parties. This transaction not only changed the fate of both parties to the transaction, but also affected the direction and pattern of the entire financial market. Let us hope that this transaction can inject new vitality and impetus into the financial world and open up new space and possibilities for the development of the global economy. Behind this transaction is the hard work and sweat of countless people, as well as the bright prospects and expectations for the future of finance.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120Btc.com) News: Since last year, the bankrupt FTX has been trying to sell its early investments in cryptocurrency and technology companies to repay creditors’ losses; according to court documents submitted on the 8th of this month, FTX reached a US$45 million settlement. Cash transaction agreement to sell its interest in Sequoia Capital to Abu Dhabi investment firm Al
Nawwar Investments RSC Limited.

 Good news! Judge approves sale of $45M in Sequoia Capital fund

According to a court document yesterday (28th), Delaware bankruptcy judge John
Dorsey has approved the sale of $45 million of FTX's assets in the Sequoia Capital fund to an Abu Dhabi investment company. The judge found that the transaction complied with the requirements of the U.S. bankruptcy law and did not sell assets in an undue haste.

It is worth mentioning that FTX has repeatedly received good news on the road to recovering assets to repay the losses of creditors. Last week, it first had an agreement with hedge fund Modulo.
Capital reached an agreement, and the fund was willing to return 400 million in cash and give up the claim rights to US$56 million in assets held in FTX; it later reached an agreement with public chain Sui developer Mysten
Labs reached an agreement to repurchase FTX’s previous equity investment in Mysten Labs and SUI token subscription warrants for $96.3 million.

 The sale of its stock liquidation company Embed has been postponed indefinitely

According to reports from Coindesk, FTX requested to postpone the sale of its stock liquidation company Embed indefinitely; Embed’s sale hearing was originally scheduled to be held on February 27, but was subsequently postponed and will now be suspended until further notice. This is undoubtedly unfavorable to creditors. The news is optimistic, as the sale of Embed is considered the fastest way for FTX to recover funds to pay off debts.

I'll answer.

2512

Ask

964K+

reading

0

Answer

3H+

Upvote

2H+

Downvote