SEC Warns FTX Bankruptcy Estate it May ‘Challenge’ Distributions to Creditors Involving Crypto Assets
03 September 2024 - 8:01AM
The Daily Hodl
The U.S. Securities and Exchange Commission (SEC) is signaling
potential objection to FTX’s proposed plan to repay creditors with
stablecoins. In a new official court filing, the SEC acknowledges
that FTX’s Chapter 11 repayment plan may not be illegal while
maintaining that the regulatory agency has the right to challenge
any transactions involving crypto. “The […]
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SEC Warns FTX Bankruptcy Estate it May ‘Challenge’ Distributions to
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