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Bitcoin.com 2023-08-03 19:30:54

FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy

FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In the motion filed in Delaware bankruptcy court, FTX stated that FTX Dubai has

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