Aorus Files For Bankruptcy Protection

After a difficult November, a new era has begun in the crypto industry.  The collapse and bankruptcy of FTX led to millions of losses.  This collapse, in which billions of dollars of assets evaporated, drove many crypto organizations into bankruptcy.  As the end of the year is approaching, a new move has also been made by Auros.  The market maker company filed for bankruptcy protection, citing its assets stuck in FTX.

Auros Requests Liquidator from Court

With the bankruptcy of the crypto exchange FTX, Auros, whose company assets of $ 20 million were frozen, actually went bankrupt.

The company stated that it could not continue without these assets and applied to the court for bankruptcy protection.  According to court documents, Auros has completed the necessary process to initiate bankruptcy proceedings in the British Virgin Islands.

The trading platform, which was exposed to FTX, continued its activities by making a series of agreements with various lenders.  However, according to the files, the company is in a position to show continuity.

The trading platform requested a liquidation order from the court and requested Interpath Advisory as the liquidator.