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coinpedia 2024-09-02 06:55:38

FTX News Update: SEC Intervenes in Crypto Repayment Strategy!

The post FTX News Update: SEC Intervenes in Crypto Repayment Strategy! appeared first on Coinpedia Fintech News The U.S. SEC has taken a critical stance on the bankruptcy settlement plan proposed by the troubled crypto exchange FTX. The SEC’s concerns focus on the exchange’s intention to repay creditors using stablecoins or other cryptocurrency assets. This move is seen as a potential breach of legal boundaries, with the SEC asserting its right to …

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