FTX and its affiliated debtors mentioned the cryptocurrency trade’s U.S. bankruptcy property and the liquidators of its affiliated operations within the Bahamas reached an agreement to coordinate their operations.
The two sides will work to share data, safe property and coordinate litigation towards third events, in response to a mutual assertion. Legal groups for the U.S. and Bahamian operations had been locked in a dispute over entry to inside information and worth of holdings of their operations.
FTX collapsed into bankruptcy in November and its founder Sam Bankman-Fried has been charged with fraud by U.S. prosecutors. He has pleaded not responsible.
(This story has not been edited by Devdiscourse employees and is auto-generated from a syndicated feed.)
FTX reaches agreement over U.S. and Bahamas bankruptcy proceedings
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FTX reaches agreement over U.S. and Bahamas bankruptcy proceedings
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FTX reaches agreement over U.S. and Bahamas bankruptcy proceedings
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