Bankrupt FTX Extends Bid Deadlines for Japan, Europe Units
- Administrators seeking to raise funds to pay back creditors
- Japanese entity is expected to start returning customer assets
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The bankrupt FTX group of cryptocurrency companies extended the deadlines to bid for its Japan and Europe businesses as administrators strive to raise funds to help pay back creditors.
The preliminary bid deadline is now March 8 and the auction date becomes April 26, according to a court filing on Wednesday.