Digital Surge Overcomes FTX Bankruptcy, Reaches Rescue Plan for Users
• FTX, a crypto exchange, filed for bankruptcy last year, leading to a contagion among companies exposed to the exchange. • Digital Surge, an Australian crypto exchange, lost access to its funds on FTX and suspended withdrawals on its platform. • Digital Surge proposed a Deed of Company Agreement (DOCA), which requires the creditors’ approval, …
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