🚀 Attention crypto-fans! Bankrupt cryptocurrency exchange FTX has resolved a dispute over its European division, returning the company to its former owners for $32.7 million. What do you think of this agreement? 🤔
- FTX acquired Swiss startup Digital Assets AG (renamed FTX Europe) in 2021 for $323 million.
- The dispute was resolved on February 21, after FTX attempted to recover funds spent on the acquisition.
- Coinbase, Trek Labs and Crypto.com showed interest in acquiring FTX Europe.
FTX is in the final stages of its bankruptcy process and plans to refund billions of dollars to its customers. Comment your opinions on this topic and let's talk crypto! 💬✨