A federal judge’s efforts to resolve the bankruptcy dispute have excited affected investors, but billions of dollars in tax liens claimed by the IRS remain a source of curiosity.
Victims’ hopes of getting their money back got a boost after a federal judge approved FTX’s efforts to expedite bankruptcy. A federal judge is aiming to end a long-running dispute between FTX and its largest creditor, the IRS, signaling action to resolve the bankruptcy dispute and speed up the time it takes for customers to get their money back.
But in testimony at the bankruptcy hearing, a federal judge also noted that FTX’s bankruptcy, though complex, should have been resolved more quickly.
IRS, FTX’in 24 Milyar Dolar Borcu Olduğunu İddia Ediyor
However, another factor that complicates FTX’s bankruptcy process is IRS requests. Tax authorities claim that FTX owes $24 billion in unpaid taxes, and legal proceedings on the issue are ongoing.
While the federal judge’s efforts during the FTX bankruptcy hearing are seen as a promising step toward helping victims get their funds back as quickly as possible, the uncertainty surrounding the resolution of tax debt claims has created excitement and continues to spark curiosity among aggrieved investors
