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TechFlow report, a federal judge took action during a bankruptcy hearing to resolve the long-standing dispute between FTX and its largest creditor, indicating that the court may attempt to accelerate efforts to recover funds for FTX customers from the bankrupt cryptocurrency company's estate.
U.S. Judge John Dorsey plans to hold a hearing early next year to calculate the debt owed by the cryptocurrency exchange to the Internal Revenue Service (IRS).
A federal judge took steps during a bankruptcy hearing to resolve the prolonged dispute between FTX and its largest creditor, signaling that the court may attempt to accelerate efforts to recover funds for FTX customers from the bankrupt cryptocurrency firm's estate. U.S. Judge John Dorsey plans to hold a hearing early next year to determine the amount of debt the crypto exchange owes to the Internal Revenue Service (IRS).
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