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crypto creditor disputes

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

Chinese Creditors Lead Legal Challenge Against FTX Over $470 Million Payout Freeze

Bankrupt cryptocurrency exchange FTX faces escalating legal challenges after freezing $470 million in creditor payouts amid ongoing bankruptcy proceedings. The suspended assets include Bitcoin, Ethereum, Solana, and stablecoins, significantly delaying recovery timelines for affected creditors. Chinese creditors are spearheading coordinated… Read More »Chinese Creditors Lead Legal Challenge Against FTX Over $470 Million Payout Freeze