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cross-border crypto regulations

FTX Seeks Delay in $470 Million Foreign Debt Repayment Amid Regulatory Hurdles

Bankrupt cryptocurrency exchange FTX has requested a deferral of approximately $470 million in foreign debt repayments, citing significant legal and regulatory obstacles. The motion faces strong opposition with over 90 creditor objections, including $380 million linked to claimants in China… Read More »FTX Seeks Delay in $470 Million Foreign Debt Repayment Amid Regulatory Hurdles

FTX Bankruptcy Targets Claims Resolution in Restricted Jurisdictions, China Claims Predominate

FTX is pursuing court approval for a specific claims process designed to address bankruptcy filings from users residing in 49 jurisdictions heavily restricting or prohibiting cryptocurrency activities. A central challenge arises from the significant concentration of these claims, with approximately… Read More »FTX Bankruptcy Targets Claims Resolution in Restricted Jurisdictions, China Claims Predominate