The bankrupt crypto exchange owes billions to a long line of creditors. Getting their money back could prove difficult, given the unique nature of cryptocurrency assets. Story Published at: December 20, 2022 at 12:31PM Continue Reading…
Why This Is No Madoff Moment for FTX Creditors
Losses Pile Up in FTX Bankruptcy Turmoil
The crypto exchange’s founder, Sam Bankman-Fried, says the company suffered a $51 billon collapse in collateral, but he thinks filing for Chapter 11 was a mistake. Story Published at: November 23, 2022 at 01:29PM Continue Reading…