The Delaware bankruptcy court has granted permission to the bankrupt cryptocurrency exchange, FTX, to sell its cryptocurrency holdings worth $3.4 billion. FTX's asset sale plan was approved, enabling them to gradually release up to $100 million of assets to the market each week, with a possible increase to $200 million per week pending creditor or court approval. FTX's holdings include various cryptocurrencies, with Solana being the largest single asset valued at around $685 million and an additional $245 million in stablecoins. The total value of FTX's cryptocurrency holdings, excluding individual assets, is approximately $1.271 billion. Despite concerns about potential impacts on cryptocurrency prices, Bitcoin's value remained relatively stable following the court's approval. As of September 14, Bitcoin was trading at KRW 35.44 million on Upbit, with a 0.95% increase from the previous day.

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