“Siloing creditors into subordinated classes outside of the confirmation hearing is improper,” the government’s filing said. The Bittrex companies “have not demonstrated why the issues of ownership of cryptocurrency assets needs to be determined prior to the confirmation of the [bankruptcy] plan.”
Related posts
-
Report: Investigation Finds No Fault With Sullivan & Cromwell in FTX Bankruptcy
An investigation into the law firm Sullivan & Cromwell... -
Coinbase Slugs It Out With U.S. SEC in Effort to Get Key Crypto Question Answered
The request would have to be accepted by the courts, including Judge Katherine Polk Failla, of... -
Bitcoin, Ether Rally Cools Following U.S. Ether ETF Listing Approval
One trader said ether’s sell-off on positive news is a typical speculator’s “buy the rumours, sell...