The FTX bankruptcy proceedings are facing criticism from creditors over the decision to prioritize dollar-based repayments instead of distributing cryptocurrencies directly. This approach was taken during Bitcoin's low in November 2022, leading to dissatisfaction among creditors who argue that in-kind repayments, as seen in other cases like Genesis, could have allowed for price recovery. Amidst these financial disputes, Sam Bankman-Fried has alleged that the Biden administration targeted him politically. The FTX Recovery Trust is also dealing with ongoing appeals and disputed claims, including a significant $380 million claim from Chinese users.