SEC warns FTX not to use stablecoins and other cryptocurrencies to repay creditors

ChainCatcher news, according to a report from TheBlock, the U.S. Securities and Exchange Commission (SEC) recently submitted a document warning about FTX assets, stating that the agency may oppose any attempts to repay creditors using stablecoins or other digital assets. At the same time, the agency, like the U.S. trustee, also opposes the release clauses that limit the future legal liabilities of FTX debtors.