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FTX's U.S.-based bankruptcy team have agreed to coordinate with liquidators winding down the crypto exchange's operations in the Bahamas, resolving a dispute that threatened the recovery of what could...
The Bahamas, where FTX Digital Markets is headquartered, has engaged a law firm to represent it in the FTX bankruptcy and the fraud cases against FTX management now underway in the United States.
The move resolves a dispute that was threatening the recovery of billions of dollars in lost funds.
Jan 6 (Reuters) - FTX's U.S.-based bankruptcy team have agreed to coordinate with liquidators winding down the crypto exchange's operations in the Bahamas, resolving a dispute that threatened the recovery of wh...
FTX's U.S.-based bankruptcy team agreed to coordinate with liquidators who are winding down the crypto exchange's operations in the Bahamas, resolving a dispute that threatened the recovery of what could be billions of dollars in lost funds. In a joint statement on Friday, the two sides said they will work to share information, secure property and coordinate litigation against third parties.