US district choose sends matter of FTX unbiased examiner to appellate court docket

A United State district choose has referred a movement requesting the appointment of an unbiased examiner for bankrupt crypto change FTX to appellate court docket.

In paperwork filed in U.S. District Court docket for the District of Delaware on Might 30, Decide Colm Connolly stated the U.S. trustee in FTX’s case, Andrew Vara, requested an attraction following the chapter court docket rejecting a movement in February to nominate an examiner overseeing the failed crypto change. In response to court docket filings, chapter legal guidelines permit the appointment of an unbiased examiner when sure circumstances are met — as within the case of FTX — however don’t require it.

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