News Explorer — FTX Debtors Warn That $24 Billion IRS Claim Could Delay Fund Recovery

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Dec 11, 10:51 pm

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FTX Debtors Warn That $24 Billion IRS Claim Could Delay Fund Recovery

FTX debtors are pushing back against a $24 billion claim by the IRS, warning that it could slow down the return of customer funds. The debtors argue that they never earned enough to support such a large tax claim and instead incurred significant losses. They believe that the IRS's reliance on its own processes is delaying distributions to the victims.

FTX debtors are pushing back against a $24 billion claim by the IRS, warning that it could slow down the return of customer funds. The debtors argue that they never earned enough to support such a large tax claim and instead incurred significant losses. They believe that the IRS's reliance on its own processes is delaying distributions to the victims.

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