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FTX bankruptcy lawyers won a fight against class-action attorneys who are battling the defunct crypto company over a possible $400 million in legal fees https://t.co/82aJhBf1jv
🚨 #FTX creditors are set to vote on whether they prefer their recovered funds in cash or crypto. Creditors want payouts in crypto due to the market's growth since the collapse. However, FTX argue that cash payouts align with bankruptcy laws and avoid capital gains tax.
Lawyers debate FTX's reorganization plan in bankruptcy court as creditors gear up to vote on next steps https://t.co/GmW44J6Zp0
FTX, a defunct crypto exchange, is embroiled in a legal battle as creditors prepare to vote on bankruptcy wind-down payments. Bankruptcy and class action lawyers are in a feud over control of billions of dollars in claims. Creditors are deciding between cash or crypto payouts.
