FTX reaches agreement over U.S. and Bahamas bankruptcy proceedings

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The two sides will work to share information, secure property and coordinate litigation against third parties, according to a mutual statement.

Legal teams for the U.S. and Bahamian operations had been locked in a dispute over access to internal records and value of holdings of their operations.

FTX collapsed into bankruptcy in November and its founder Sam Bankman-Fried has been charged with fraud by U.S. prosecutors. He has pleaded not guilty.