US Judge Rejects Bahamian Liquidators' Request for Control Over FTX's $7.3 Billion in Disputed Assets

06/08 22:35

During a bankruptcy hearing, a US federal judge rejected a request by Bahamian liquidators to take control of FTX's $7.3bn in disputed assets. The liquidators had hoped that a Bahamian judge could claim some of the assets, but the judge in the US Bankruptcy Court for the District of Delaware refused to defer jurisdictional issues to a foreign court.
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