Weiwei Ji, representing about 300 FTX account holders, filed an objection to FTX’s plan to withhold payouts in jurisdictions including China. Ji argues that the motion lacks a legal basis, risking unfair treatment of creditors’ rights.
Ji emphasizes that despite crypto trading restrictions, digital assets are considered personal property under Chinese law. He insists that distributions to creditors should proceed legally, disputing the classification of China as a restricted jurisdiction.
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