In a significant development for former FTX users, the FTX Recovery Trust has filed a motion outlining new procedures that may prevent payouts to creditors in 49 restricted foreign jurisdictions, including China, Russia, Pakistan, and Ukraine. Creditor Claims at Risk in ‘Restricted Foreign Jurisdictions’ According to the filing made on Wednesday, the trust is seeking … Continue reading FTX Recovery Trust Warns of Forfeited Payouts in China, Russia, and Other Jurisdictions