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FTX Announces $1.9 Billion Disputed Debt Release and Jurisdictional Flexibility for Creditors

Bankrupt cryptocurrency exchange FTX has confirmed plans to release approximately $1.9 billion from disputed debt reserves on September 30.

The development provides creditors with enhanced flexibility through a newly established option to transfer claims across different jurisdictions. This operational shift aims to streamline the complex bankruptcy resolution process for international stakeholders.

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