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According to news on August 10, managers of the bankrupt encrypted trading platform FTX criticized traders and market makers among FTX unsecured creditors, accusing them of seeking control over assets regardless of their impact on other stakeholders.
FTX's official committee of unsecured creditors is calling on FTX to invest some of its nearly $2.6 billion in cash reserves in short-term Treasury bills to generate more net income and help offset professional fees of up to $330 million in the first eight months.