CoinFLEX Restructuring Plan Authorized By Court, Exchange Finalizes OPNX Fundraiser With 3AC Co-Founders

A Seychelles court approved the restructuring plan submitted by embattled crypto exchange CoinFLEX.Trading for locked assets like LUSD and LETH remain halted until 24 hours after the court issues a written order expected later this week a CoinFLEX statement said.According to a source familiar with the matter, the company recently finalized funding for a new crypto exchange called OPNX.  Embattled digital asset exchange CoinFLEX received the green light for a restructuring plan filed with a Seychelles court where the company is domiciled.

Timeline of Flex