Crypto trading firm Auros Global issued a supplementary statement in response to reports of its bankruptcy filing, stating that "Auros filed for a 'low intervention' provisional liquidation, filed in early November, a debtor-in-possession reorganization mechanism, which allows the current management to continue trading as an authorized manager under the supervision of an external consulting firm, while a restructuring plan is drawn up; after the successful implementation of the restructuring, it is expected that Auros' business will return to normal." Previous news from Foresight News , encryption trading company Auros filed for bankruptcy protection after $20 million worth of assets were stranded on FTX.