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FTX has announced fresh legal action against token issuers holding its assets

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Summary
Nutrition label

64% Informative

FTX has announced fresh legal action against token issuers holding its assets.

The embattled exchange says it will begin lawsuits against entities in possession of its assets that refuse to cooperate in a last-ditch attempt to fulfill bankruptcy obligations.

FTX is scrambling to return funds to its creditors following its collapse.

The troubled exchange is racing to recover its assets to fulfill its obligations after its implosion in 2022 .

VR Score

47

Informative language

37

Neutral language

52

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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