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⚡️ FTX files motion to exclude its Dubai unit from bankruptcy proceedings The crypto exchange in its filing noted that F…
⚡️ FTX files motion to exclude its Dubai unit from bankruptcy proceedings
The crypto exchange in its filing noted that FTX Dubai 🇦🇪 is balance sheet solvent and therefore a voluntary 💬 “liquidation procedure in accordance with the laws of the United Arab Emirates would allow a timely distribution of the positive cash balance after payment of all outstanding liabilities and liquidation of all assets."