According to Cryptopolitan, a recent filing with the U.S. Securities and Exchange Commission (SEC) warned FTX Assets that the agency may oppose any attempt to use stablecoins or other digital assets to repay creditors.
The document mentions that “the agent may distribute stablecoins to creditors under the plan. Under the federal securities laws, the SEC will not express an opinion on the legality of the transactions outlined in the plan and reserves the right to question transactions involving crypto assets.”
