Bankrupt crypto exchange FTX’s strategies to offer its digital currency futures and clearinghouse LedgerX, among other organizations, were challenged by the U.S. Trustee on Jan. 7, according to Reuters.As per the filing

, U.S. Trustee Andrew Vara called for an independent examination before any sale, claiming that valuable information related to the exchange’s personal bankruptcy might be jeopardized. The document states:”The sale of possibly valuable reasons for action versus the Debtors ‘directors, officers and staff members, or any other person or entity, must not be permitted up until there has actually been a complete and independent examination into all individuals and entities that may have been involved in any impropriety, carelessness or other actionable conduct.”In an effort to recuperate lost funds from the exchange’s customers, FTX’s new management prepared to offer its systems in Japan and Europe, in addition to derivatives exchange LedgerX and stock-clearing platform Embed. In a filing from Dec. 15, legal representatives representing FTX argued that selling these services would optimize worth to the FTX state. Related: FTX customers want more info on FTX’s plans to sell subsidiaries FTX’s legal representatives also estimate that a prospective sale of the systems would be much easier, because they were just recently gotten and operated individually of FTX. The business’auctions were planned to begin in February with the sale with Embed, followed by other three auctions in March. FTX Japan was subject to company suspension and improvement orders in November

in the middle of its moms and dad company collapse. FTX Europe also had its licenses and operations

suspended after a demand from the Securities and Exchange Commission of Cyprus, Pandoraland reported. There are more than 110 parties thinking about buying several of the 134 business included in the insolvency procedures. FTX has actually currently entered into 26 privacy contracts with counterparties.FTX founder and previous CEO Sam Bankman-Fried pleaded not guilty to all criminal charges related to the collapse of the crypto exchange on Jan. 3, including wire scams, securities fraud, and project financing offenses.