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Bookmarking Crypto InsightsMon, 02 Sep 2024 15:20:54 +0000en-US
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3232SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
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Mon, 02 Sep 2024 15:20:54 +0000https://www.digit.info/sec-warns-ftx-over-legality-of-crypto-asset-distribution-in-chapter-11-plan/Read more]]>The 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 […]