FTX Creditor Daizhuo Chen Fights Missed Deadline as $1.8B Reserve Hangs Over Final Hearing
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2 Articles
FTX Creditor Daizhuo Chen Fights Missed Deadline as $1.8B Reserve Hangs Over Final Hearing
A single missed deadline is now holding up one of the last contested motions in the FTX bankruptcy. Chief Judge… Read the original on FTX Creditor Daizhuo Chen Fights Missed Deadline as $1.8B Reserve Hangs Over Final Hearing. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Less than 48 hours before the final hearing in the bankruptcy of FTX, a single claim could define the fate of thousands of creditors. The dispute over a late verification of customer knowledge (KYC) arrives before Judge Karen B. Owens, while the estate is preparing to close with payments of up to 120% in some categories. But for those who did not comply with the deadlines, the lesson is cruel: a forgotten form may cost a fortune. *** Last disput…
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