FTX strongly criticized the UCC’s pursuit of asset control, recommending that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasurys.
FTX debtors and UCC clash over asset control in restructuring [cointelegraph]
FTX strongly criticized the UCC’s pursuit of asset control, recommending that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasurys.