The FTX Trading Ltd. bankruptcy trust revised its plans to restrict several dozen countries and foreign jurisdictions from receiving creditor distributions, addressing concerns by several claimants in China.
FTX, now operating as a trust to repay customers who lost access to assets on the crypto trading platform when it collapsed three years ago, urged the US Bankruptcy Court for the District of Delaware on Monday to approve procedures to efficiently deal with creditor claims that it could be legally barred from paying due to local restrictions.
Although no jurisdictions have been officially restricted, FTX listed 44 countries and locales that ...
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