The repayment process under consideration in the U.S. bankruptcy court would require claimants to submit proof they held, and subsequently lost, assets on FTX, which will be vetted by restructuring advisers, said FTX lawyer Andrew Dietderich. The defunct exchange has shifted its focus to making its former clients whole as it abandons its plans to relaunch its platform due to a lack of buyers, according to the court proceedings.
Source link
