Over 500 Chinese creditors challenge FTX over $470M payout freeze

Chinese creditors affected by FTX’s latest legal maneuver are ramping up efforts to challenge the bankrupt exchange’s request to delay payouts to users in 49 jurisdictions with restrictive or uncertain crypto laws. The group is turning to US courts and regulators, raising concerns about fairness, transparency, and procedural integrity. source: https://cryptoslate.com/over-500-chinese-creditors-challenge-ftx-over-470m-payout-freeze/