SEC Warns of Potential Challenges to FTX’s Stablecoin Payments

The U.S. Securities and Exchange Commission (SEC) has issued a warning that it might challenge FTX’s plans to repay creditors using stablecoins, despite the legality of such transactions. In a recent filing to the U.S. Bankruptcy Court in Delaware, SEC lawyers stated they reserve the right to contest repayments made with U.S. dollar-pegged crypto assets, … Continue reading "SEC Warns of Potential Challenges to FTX’s Stablecoin Payments" The post SEC Warns of Potential Challenges to FTX’s Stablecoin Payments appeared first on Cryptoknowmics-Crypto News and Media Platform .