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Bitcoinist 2024-09-02 10:30:46

FTX Repayment Plan Faces Potential Hurdle From SEC Scrutiny

The United States Securities and Exchange Commission (SEC) has expressed reservations regarding the repayment strategy proposed by the bankrupt crypto exchange FTX, indicating potential legal challenges if the plan involves the distribution of stablecoins to creditors. The SEC’s concerns were documented in a filing with the United States Bankruptcy Court in Delaware dated August 30,

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