On November 3, 2025, the Bankruptcy Court of the State of Delaware in the United States issued Document No. 33439, confirming the withdrawal by the FTX Liquidation Trust of the motion to "implement restricted jurisdictional proceedings in potential restricted foreign jurisdictions." This move temporarily safeguards the legitimate rights and interests of creditors from relevant regions, including mainland China, in the FTX bankruptcy liquidation process. Lawyer Tian Xiaowan from Beijing DHH Law Firm, commissioned by the representatives of FTX China creditors, analyzed the logical basis of the motion and formulated a core legal viewpoint that "mainland China does not constitute a restricted jurisdiction," providing crucial support for the withdrawal of the motion.
