Paul Grewal, chief legal officer of Coinbase, expressed concern about the SEC's ambiguous attitude in FTX's plan to repay creditors. 🤔

Grewal pointed out that the SEC did not clearly state whether it was legal for FTX to repay creditors with stablecoins or other cryptocurrencies. The SEC stated in court documents: "The SEC does not comment on the legality of the transactions outlined in the plan and reserves the right to question transactions involving crypto assets."

What do you think of the SEC's attitude? Welcome to discuss in the comment section!#Blockchain#Cryptocurrency #FTX