A group of FTX customers has filed a limited objection to FTX's plans to sell four of its non-bankrupt subsidiaries, arguing it should be let into the sales process to ensure customer interests are represented.
A group of FTX customers has filed a limited objection to FTX’s plan to sell four independently-operated subsidiaries, arguing that they should be privy to the sales process to ensure customer interests are represented.
In its filing, the committee argued that previous public statements by FTX, the Securities and Exchange Commission and the Commodity Futures Trading Commission make clear that the customer assets on the platform belonged to customers and not FTX.
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