U-Turn By FTX: Withdraws Proposal Potentially Impacting Customer Claims Worldwide | Bitcoinist.com

The bankruptcy estate of the now-defunct cryptocurrency exchange FTX has decided to withdraw its motion aimed at limiting creditor distributions to certain “potentially restricted foreign jurisdictions.” This decision follows substantial pushback from creditors and a wave of objections filed in bankruptcy court. FTX Trust Abandons Controversial Plan The FTX Recovery Trust, which filed a notice […]