Post #23799

Opinion: There is no legal basis for confiscating Chinese users' FTX claim funds due to the crypto ban, and FTX's claims are denominated and settled in US dollars Chinese crypto KOL @ zhetengji expressed his opinion on "FTX creditors claim that Chinese users' claim funds may be confiscated": "FTX's claims are denominated and settled in US dollars, and it has entered the compensation distribution stage, which has nothing to do with cryptocurrency regulation. There is no legal risk for Chinese citizens to obtain compensation in US dollars. The FTX Recovery Trust's motion lacked a legitimate legal basis from the beginning. 📱@Money📱Twitter