Creditors Committee Ready in FTX Litigation: Leading Crypto Market Maker Also Joins

The Delaware Court has stepped up efforts to form an unsecured creditors committee of bankrupt cryptocurrency exchange FTX.

Delaware Makemine December 15 Cryptocurrency market maker Wintermute has submitted to the court a request for FTX to sit on the creditors committee, according to a claim filing filed on Feb. positive got a response. With this decision, FTX’s unsecured creditors One more member has been added to the committee.

Authorized to manage FTX’s bankruptcy process US Department of Justice (DOJ) staff Juliet Sarkessian At a hearing held on December 15, the company international structure to bring people together around the world to the difficulties and to set up the committee that they hurry as much as possible stated.

Committee that will be responsible for representing unsecured creditors during bankruptcy proceedings Zachary Bruch, Larry Qian and Acaena Amoros Romero including from three individual investors and Coincident Capital International, GGC International, Octopus Information, Pulsar Global, Wincent Investment Fund and wintermute including from six corporate companies is formed.

On the other hand, the issue of drawing up a full list of creditors has yet to be made. definite could not reach a conclusion. before the trial judge makes a clear decision on the matter. request the establishment of a creditors committee due to demand on December 16 postponed to be discussed again.

source site-9