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FTX Tweaks Crypto Sale Proposal to Placate U.S. Government

The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned

By Jack Schickler|Edited by Parikshit Mishra

Updated Sep 13, 2023, 10:29 a.m. Published Sep 13, 2023, 6:29 a.m.

John J Ray III took over as FTX CEO in November (House Committee on Financial Services)