U.S. Bankruptcy Judge approved FTX’s proposal to sell up to $100 million in crypto currency per week and enter into hedging and staking agreements that will allow FTX to minimize the risk of price volatility and earn passive income on more mainstream crypto assets such as bitcoin and ether

Bankrupt crypto exchange FTX received U.S. court consent on Wednesday to liquidate crypto currency assets, a move the firm said would let it repay customers in U.S. dollars and minimize risks associated with price volatility in crypto markets.

U.S. Bankruptcy Judge John Dorsey approved FTX’s proposal at a court hearing permitting FTX to sell up to $100 million in crypto currency per week and enter into hedging and staking agreements that will allow FTX to minimize the risk of price volatility and earn passive income on more mainstream crypto assets such as bitcoin and ether.

FTX’s plea was supported by the official committee appointed to represent its customers in the insolvency, and by an ad hoc committee that represents non-U.S. customers with deposits on FTX.com’s international exchange.

During the hearing, Dorsey set aside concerns raised by two FTX customers who said FTX sales could cause crypto prices to crash and that FTX may not own all of the crypto that it holds in its accounts.

FTX said in court filings it was avidly aware of the risk that its attempt to liquidate coins could move crypto markets. It said it had hired U.S. crypto firm Galaxy as an investment advisor in part to manage the risk that “information leakage” would result in short-selling activity and steep drop in crypto prices. But keeping its current crypto portfolio intact also carries risks, potentially locking FTX into holding certain assets as their prices drop, as per FTX’s court papers.

Dorsey permitted FTX to increase its liquidation pace to up to $200 million per week, if both creditors committees agree.

FTX stated in a Monday court filing it owns $3.4 billion in crypto currencies, including $1.16 billion in Solana, $560 million in bitcoin, and $192 million in ether.

FTX filed for insolvency in November last year amid claims that it misused and lost billions of dollars worth of customers’ crypto deposits. FTX has recovered over $7 billion in assets to repay customers, and it is pursuing additional recoveries through lawsuits against FTX insiders and other defendants that received money from FTX before it failed.