FTX US customers may not get all funds back in chapter 11 plan
The Draft Reorganization Plan in FTX’s chapter 11 process details how debtors-in-possession hope to begin the reorganization.
The Draft Reorganization Plan in FTX’s chapter 11 process details how debtors-in-possession hope to begin the reorganization.
SBF is currently under house arrest but he’s allowed to venture outside to meet with his attorney or the authorities.
One of FTX’s general counsels was involved in an attempted acquisition of TrueUSD by Tron and Justin Sun, according to a lawsuit.
FTX Australia saw its license revoked on July 14 and it now has until July next year to fully wind down all of its operations in the country.
Did SBF, Alameda, and FTX make its cash through the Kimchi Arbitrage? These curious ties to Chinese entities seem to suggest otherwise.