US Trustee challenges FTX reorganization plan, citing legal concerns
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations.
Auto Added by WPeMatico
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations.
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors.
Under the proposed plan, Gemini Earn users may only recover 61% of their lost funds in a worst-case scenario. Gemini Earn creditors are fuming over […]
