FTX Faces New Hurdle as SEC Questions Reorganization Plan Details

The bankrupt FTX reorganization plan has encountered another setback, with the US Securities and Exchange Commission (SEC) reserving the right to challenge it. This development follows the exchange’s recent claim that its reorganization plan had garnered significant preliminary support from creditors. SEC’s Objections to FTX Reorganization Plan In a court filing dated August 30,... source: https://beincrypto.com/sec-demands-changes-ftx-bankruptcy-plan/