FTX Trading will be at a hearing on Nov. 22 in a bankruptcy court in Delaware, as the troubled exchange seeks to transfer a related case from New York to the Delaware court, according to a court filing.
See related article: Bahamas regulator orders transfer of all FTX digital assets to government wallet
- Judge John T. Dorsey in Delaware has agreed to hear the motion to transfer venue, previously scheduled for Nov. 21, showed a court filing submitted on Thursday.
- FTX Digital Markets, the exchange’s Bahama-based entity, has filed for Chapter 15 bankruptcy protection, typically used for cross-border practices, to the Southern District of New York court, and FTX representatives are seeking to have the Delaware court take over the Chapter 15 proceedings.
- FTX Trading, also known as FTX.com, last week filed for Chapter 11 bankruptcy.
- FTX said in a bankruptcy filing on Nov. 14 that it has more than 100,000 creditors and that figure could exceed one million.
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