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FTX Creditors Hire Law Firm Paul Hastings as Representation: WSJ

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Law firm Paul Hastings LLP has been tapped to represent FTX creditors in the crypto exchange's bankruptcy proceedings, the Wall Street Journal reported Thursday citing people familiar with the matter.

A nine-member committee chose Paul Hastings from among a number of firms that pitched for the role, the Journal said, adding that the process to select a financial adviser is ongoing. The creditors' committee was formed last Thursday.

(By Sandali Handagama)

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