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  • FTX debtors and UCC clash over asset control in restructuring

    • Post author:MiamiCrypto
    • Post published:August 10, 2023
    • Post category:Cryptocurrencies / Cryptocurrency Exchange / ftx / law

    FTX strongly criticized the UCC’s pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries.

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