#FTX may serve allowed claimholders a larger slice of the pie next distribution if approved to reduce the Disputed Claims Reserve by $1.93b to $4.59b. In a bankruptcy court filing today, the collapsed cryptocurrency exchange said it recovered $1.41b from expunged or reduced claims but also flagged additional claims for litigation and disputed status (DN 31085). Additionally, $1.85b of disputed claims are now allowed due to reconciliation, settlement and KYC verification. Cherokee's Claims Market is a leading venue for FTX and all other bankruptcy claims. #bankruptcy #crypto
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