The government-appointed temporary liquidators of FTX’s U.S. administration and Bahamas subsidiary have agreed to cooperate to facilitate the progress of the court process and resolve the creditors’ issue as soon as possible.
FTX’s legal teams handling bankruptcy proceedings in the US and Bahamas have agreed to collaborate to share information and maximize stakeholder recovery. The United States and the Bahamas, which have previously differed on many issues and blamed each other, will work with each other to confirm the inventory under the commission’s control, as part of the cooperation provided.
The agreement was affirmed by the US and Bahamas courts. FTX’s next hearing in Delaware January 13It is planned to be made in . Both parties agree that digital assets are protected by the Bahamian Securities Commission. “comfortable” stressed that he felt
On the other hand, CEO of FTX John Ray, He hinted that while legal teams have made progress, there are still some areas of disagreement.
There are some issues we have yet to reach consensus on, but we have resolved most of the unresolved issues and we have a way forward to resolve the rest.
According to the data, FTX, which has victimized millions of people with its bankruptcy and has a billion-dollar creditor, can only $3.1 billion in debt to its 50 largest creditors exists.