FTX News reports:Bankruptcy pervades cryptocurrency exchanges, stipulating that FTX, protected by the U.S. Supreme Court, is likely to have a turning point in litigation. In the course of the latest development of the situation, the bankruptcy government of the US Department of Justice has long considered the possibility of further expanding the scope of investigation in front of the bankruptcy presiding judge.
It is reported that Robert Dorsey, the chief bankruptcy judge of the United States, who undertakes the Chapter 11 process of the FTX bankruptcy Code, has been required to serve as a separate inspector in the investigation. The bankruptcy regulator of the judiciary mentioned that this is also necessary to examine charges such as fraud, wrongdoing and negligence.
The presiding judge will rule on the request on Monday. But FTX resisted the proposal, calling it consuming and unnecessary. Log in to the password Trading Center to mention that the designated examiner will repeat the work hinted by law enforcement agencies, FTX and creditors.
Bankruptcy login password trading center shows that this whole process will add a new layer of verification, which can only delay the process and diligence of FTX for repayment customers.Click here to read more FTX news reports.
It is reported that Robert Ray, the new boss of FTX, applies when working with people's court-appointed examiners. However, he bought out the additional costs involved in the judicial proceedings. Ray showed that the censors spent about $150 million on a number of cases that have been tried here, which in fact would benefit creditors the least.
It is worth noting that the creditors' federation applies FTX's recommendation, calling it a "superfluous" requirement. However, state regulators in several foreign states are subject to judicial considerations.
FTX is one of the main reasons for the terrible collapse of the login password sales market. Bankruptcy compensation left about 9 million users destitute.
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