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I asked Tian Xiaowan, a Chinese lawyer at DHH Law Firm, to issue a legal opinion to brief Judge Owens on China's judicial practice in the field of digital currency. Mr. Tian pointed out a very key point: the Chinese judiciary will not hold a foreign institution accountable for paying compensation to Chinese creditors in accordance with the law, on the contrary, the abnormal performance of the compensation obligation may bring legal risks.
I engaged Chinese attorney Tian Xiaowan from DHH Law Firm to provide a legal memorandum to Judge Owens, outlining how digital asset cases are handled in China. Tian highlighted a key point: Chinese authorities do not penalize foreign institutions for legally compensating Chinese creditors. On the contrary, failure to fulfill compensation obligations could create legal risk.
#FTX #FTXcreditors #CryptoLaw #BankruptcyCourt #DigitalAssets #ChinaLaw #RestrictedJurisdiction #Chapter11 #公平对待中国债权人 #反对司法歧视
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