FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse

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The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Finance, #News, #FTX, #FTXUS, #Custody, #Bankruptcy