Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions

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A Chinese creditor representing a group of over 300 other creditors filed an objection to FTX’s latest motion that could allow it to relinquish claims in certain restricted regions.FTX has identified $800 million in creditor claims across 49 potentially restricted jurisdictions, with China accounting for 82%, according to The Block’s calculations based on an earlier filing.

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Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions