As FTX undergoes restructuring, it finds itself clashing with the Official Committee of Unsecured Creditors over asset governance.
John Ray III has shown unease about UCC's idea of diverting $2.6 billion to U.S. Treasury bonds, all to offset anticipated professional expenses of nearly $330 million.
FTX has formerly assailed UCC's strategy and blamed the committee of attempting illegal oversight over client assets.
