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Why FTX Creditors In 49 Countries May Be Cut From Payouts
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Why FTX Creditors In 49 Countries May Be Cut From Payouts
FTX is seeking court approval for a new claims process that could affect creditors from 49 jurisdictions where crypto is banned or restricted. In a new filing shared by FTX creditor advocate Sunil, the bankrupt crypto exchange has requested that the court approve a framework for addressing claims from 49 “potentially restricted foreign jurisdictions,” which include countries where cryptocurrency is banned or subject to legal restrictions……..Cont…
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