SEC Reserves Right to Oppose Bankrupt Crypto Exchange FTX’s Plan to Pay Creditors in Stablecoins

SEC Reserves Right to Oppose Bankrupt Crypto Exchange FTX's Plan to Pay Creditors in Stablecoins

The US Securities and Exchange Commission (SEC) may object to a proposed bankruptcy cryptocurrency exchange. FTX To repay creditors using USD pegged stablecoins. what happenedIn a court filing, the regulator said it reserved its rights to challenge the transactions outlined in the FTX liquidation plan, DeCrypt reported on Monday. The SEC clarified that it “does … Read more