Summary: Could legal restrictions on crypto payouts in certain countries affect users across the broader crypto ecosystem? Yes, the FTX estate’s motion to block payouts in restricted jurisdictions highlights how legal frameworks can limit access to digital assets based on location. Even decentralized platforms are not immune to such regulatory challenges. This case shows that geography still plays a key role in how crypto users can access their funds. Chinese FTX creditor Weiwei Ji has formally opposed a motion filed by the FTX Estate that aims to halt payouts to residents in jurisdictions with legal or regulatory constraints on cryptocurrency The post Chinese FTX Creditor Fights Payout Ban — Should SHIB Holders Worry? first appeared on The Shib Daily
source: https://news.shib.io/2025/07/10/chinese-ftx-creditor-fights-payout-ban-should-shib-holders-worry/