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U-Turn By FTX: Withdraws Proposal Potentially Impacting Customer Claims Worldwide

U-Turn By FTX: Withdraws Proposal Potentially Impacting Customer Claims Worldwide

By Bitcoinist
The bankruptcy estate of the now-defunct cryptocurrency exchange FTX has decided to withdraw its motion aimed at limiting creditor distributions to certain “potentially restricted foreign jurisdictions.” This decision follows substantial pushback from creditors and a wave of objections filed in bankruptcy court.

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