The post FTX Debtors and Bahamian Subsidiary Reach Groundbreaking Settlement appeared first on Coinpedia Fintech News
FTX Trading has announced a settlement with the liquidators of its Bahamian unit, FTX Digital Markets. This pivotal agreement aims to resolve the contentious dispute over the precedence of US bankruptcy proceedings versus the Bahamian liquidation process. The settlement, which requires approval from the U.S. Bankruptcy Court for the District of Delaware and the Supreme …