Auros bankruptcy protection filings show funds tied up on FTX

Dec 20,2022
KingData News: Market making firm Auros filed to begin bankruptcy proceedings in the British Virgin Islands, court documents show. “A significant proportion of the Company’s assets” — worth roughly $20 million — were held on the FTX on Nov. 11, when FTX filed for Chapter 11 bankruptcy protection in the U.S., according to Auros. With those assets frozen, Auros was effectively rendered insolvent.
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