
The SEC Confirms They're Never Going to Provide Crypto Guidance
The Breakdown
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Unequal Treatment of Creditors in Bankruptcy Distribution
This chapter explores the issue of an in-kind distribution in bankruptcy, where spot crypto customers are favored over futures customers, leading to concerns of unequal treatment. It also discusses the frustration among FTX's creditors group regarding high legal fees and highlights the surge in activity in the secondary market for claims.
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