SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
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The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTXs plan to pay back claims using its crypto asset securities. The SECs Senior Trial Counsel, Therese Scheuer, has reserved the right to challenge these transactions under federal securities laws. FTXs Crypto Repayment Plan Faces Potential SEC Challenge The FTX bankruptcy saga is moving []
Text source: BuyUcoin Blog
