FTX Seeks Delay as Creditors Challenge $470M Claims Freeze

The FTX estate, overseeing the 2022 bankruptcy proceedings, has petitioned a Delaware court for additional time to address more than 90 formal objections to its plan to suspend repayments to creditors in 49 defined "restricted foreign jurisdictions," which includes China—a jurisdiction responsible for approximately 82% ($380 million) of the disput...