FTX Denies Completion of Controversial EU Asset Sale to Former Employees

In a recent development regarding the troubled cryptocurrency exchange FTX, the company has publicly refuted claims that the sale of its European assets to some of its ex-employees has been finalized. This denial comes amid ongoing scrutiny and legal challenges regarding the company’s liquidation process. The assets in question, which have garnered significant attention due to their potential value and connection to the exchange's former staff, are currently the subject of a contentious dispute as FTX works to secure its financial future following a catastrophic collapse in late 2022.

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