SEC Could Challenge FTX Bankruptcy Estate to Repay Customers with Stablecoins

Bobby Cirus

SEC Could Challenge FTX Bankruptcy Estate to Repay Customers with Stablecoins

SEC Could Challenge FTX Bankruptcy Estate to Repay Customers with Stablecoins

“FTX Debtors are exploring various distribution options, including potentially distributing stablecoins to certain creditors,” the SEC said in Friday’s filing. “The SEC expresses no opinion on the legality, under the federal securities laws, of the transactions outlined in the Plan and reserves the right to challenge any transactions involving crypto assets.”

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