The bankruptcy estate of the failed cryptocurrency exchange FTX has withdrawn its motion to restrict creditor payouts in certain countries. The FTX Recovery Trust initially sought court approval to freeze payments to creditors in 49 nations like China, Saudi Arabia, Russia and Ukraine based on concerns about unclear local regulations. However, this move was met with strong opposition from creditors, who filed over 70 objections against the motion, potentially impacting the timeline for receiving compensation. While this withdrawal offers a temporary relief to affected creditors, some remain cautious. They argue that full recovery is still pending and emphasize the importance of remaining vigilant in the process.