FTX’s Bahamian JPLs seek lift on Chapter 11 stay to settle non-US law issues

The joint provisional liquidators of FTX’s Bahamian entity are seeking to lift the crypto exchange’s Chapter 11 stay so they may apply for directions from the Supreme Court of The Bahamas on which of the two estates certain customer accounts belong to, in a hearing variously described as a “jurisdictional tug of war” and a “diplomatic event” between the two countries.

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