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

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

https://www.coindesk.com/business/2024/02/12/ftx-to-sell-custody-unit-for-500k-after-paying-10m-just-months-before-collapse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines