The crypto market maker Auros has filed for bankruptcy protection after having $20 million frozen on FTX

ChainCatcher news, according to The Block, a court document shows that the crypto market maker Auros has filed for bankruptcy proceedings in the British Virgin Islands. Auros stated that approximately $20 million of its assets were frozen on FTX when FTX filed for Chapter 11 bankruptcy protection in the U.S. on November 11, which led to Auros being insolvent.

It is reported that Auros is now seeking a court liquidation order and has proposed Interpath Advisory as its liquidator. (The Block)