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SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan

by SB Crypto Guru News
September 2, 2024
in Crypto Updates
Reading Time: 1 min read
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SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 PlanThe U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has reserved the right to challenge these transactions under federal securities laws. FTX’s Crypto Repayment Plan Faces Potential SEC Challenge The FTX bankruptcy saga is moving […]



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