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the state of crypto is presented by Tron connecting the world to the power of cryptocurrency embattled crypto firm FTX wants to sell its functioning units including Ledger X joining us now with Morris quintus gold policy and regulation managing editor nickday who is also the editor of coines the state of crypto newsletter so Nick happy Friday appears that FTX is on a fire sale what can you tell us good morning yeah so uh last night FTX filed uh basically petitioned a judge to allow it to sell off four of its units including Ledger X FTX Japan FTX Europe and embed uh basically saying you know these units are solvent theyamp;#39;re you know operating theyamp;#39;re fine theyamp;#39;re independent there was you know no commingling funds they were segregated and saying that you know if itamp;#39;s able to do so it can uh you know generate some Revenue by selling these companies and more importantly if they consult them quickly they can maximize the value right now these companies uh ha