FTX Australia plans to hold creditors meeting on November 23

2022/11/15 04:56

According to Australian Financial Review, the local administrators picking through the carnage left behind by the collapse of FTX have identified almost 30,000 Australian investors who are looking to recoup losses. FTX Australia and its wholly owned subsidiary FTX Express were launched in March this year, and received an Australian Financial Services License after acquiring a local business called IFS Markets. FTX Australia creditors are expected to meet on Wednesday next week (November 23) and are advised not to deposit funds or execute any trades.
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