A committee to represent unsecured creditors and serve as the voice for most FTX customers in court was established in the U.S. bankruptcy case of FTX and its affiliated companies. The formation...
Tag: bankrupcty
Bankruptcy experts weigh in on next steps for FTX
Episode 118 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, Dan Besikof, a Partner at Loeb & Loeb, and Mark Shapiro, a Partner at Shearman & Sterling. L...
JPMorgan Chase, Wells Fargo among potentially exposed FTX parties
FTX has named Kroll Restructuring Administration as its agent as it navigates the federal bankruptcy process and cited dozens of companies and people affected by its collapse, a petition filed by the...
Pissed, pessimistic and paranoid, FTX clients face new reality: ‘It’s all gone.’
Crypto investor Sean Taggart’s opinion of FTX and its founder Sam Bankman-Fried soured radically in recent days. “Should’ve known when he said he was a vegan altruist not to trust him,” said the 3...
Bahamas securities regulator freezes FTX assets
The Securities Commission of the the Bahamas said it has taken action to freeze assets of FTX Digital Markets and related parties. “The Commission is aware of public statements suggesting that c...