The post FTX Seeks Exclusion of Dubai Unit from Bankruptcy Proceedings in the US appeared first on Coinpedia Fintech News
FTX has filed court documents requesting the exclusion of its Dubai unit from the ongoing wind-down proceedings in the United States. The exchange, which filed for bankruptcy in the U.S. in November 2022, initiated Chapter 11 cases for 102 associated entities worldwide, including FTX Dubai, established in February 2022 and owned by the company’s European …