Crypto

FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers’ Recoveries



U.S. Judge John Dorsey, from the Delaware Bankruptcy Court, scheduled a hearing for early next year to calculate the crypto exchange’s debt to the IRS, a sticking point that has stagnated efforts to remunerate the exchange’s many victims. As FTX’s largest creditor, the IRS’ claim must be resolved before FTX victim’s can recover their losses.

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