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Cryptocurrency Cointelegraph

FTX seeks time to respond as creditors fight freeze on $470M foreign claims

The FTX estate calls 49 countries “restricted foreign jurisdictions” including China, which accounts for 82% of repayment funds the bankrupt cryptocurrency exchange would hold back.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FTX seeks time to respond as creditors fight freeze on $470M foreign claims

The FTX estate calls 49 countries “restricted foreign jurisdictions” including China, which accounts for 82% of repayment funds the bankrupt cryptocurrency exchange would hold back.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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