⚖️ FTX seeks to freeze payments in 49 "restricted" countries
The FTX Recovery Trust requested the Delaware bankruptcy court to suspend payments to users in 49 jurisdictions where crypto trading is prohibited. Among them: China, Russia, Iran, Zimbabwe, and North Korea. 82% of the disputed credits come from China, which could affect the final distribution group.$FUN
Creditors in these regions must file legal objections within 45 days or lose the right to receive funds. Some are already seeking international advice to challenge the exclusion. The process could redefine how digital assets are managed in emerging markets.$SUI
⚠️ If your country prohibits crypto... your right to recover funds is also in dispute.$BONK