Bankruptcy
Chapter 11
creditor repayment
crypto assets
federal securities laws.
FTX
Legal
Liquidation
SEC
Stablecoins
SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan
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…