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FTX Cryptocurrency Exchange Collapse


Andrew Maguire has recently been instructed by Louise Abbott from Keystone Law to advise a number of FTX investors on their potential legal remedies following the collapse of the world’s second largest cryptocurrency exchange, which has filed for Chapter 11 bankruptcy protection, in the USA in November. One of the legal claims under consideration is whether the investors’ assets ought to be dealt with ahead of, and in priority to, any claim in the bankruptcy procedure. It is believed that more than one million people may have lost their money in this collapse of such a major cryptocurrency trading firm.

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