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Why FTX Ruling on China Payouts Matters: Global Precedent at Stake

Summary by Cointelegraph
A court ruling on FTX bankruptcy estate’s payout freeze next week could mark a “dangerous precedent” for the entire global crypto community, creditors say.
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MaxBitMaxBit

Why FTX ruling on China payouts matters: Global precedent at stake – MAXBIT

A US bankruptcy court is set to decide whether to block creditor payouts to certain countries after receiving at least 40 objections from creditors in China, Saudi Arabia and more. The FTX creditor community is awaiting a ruling next week that could let the FTX bankruptcy estate freeze payouts to creditors in “restricted countries,” including...

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CointelegraphCointelegraph

Why FTX ruling on China payouts matters: Global precedent at stake

A court ruling on FTX bankruptcy estate’s payout freeze next week could mark a “dangerous precedent” for the entire global crypto community, creditors say.

Read Full Article
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Cointelegraph broke the news in on Friday, July 18, 2025.
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