Cryptocurrency News
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
Collapsed crypto exchange FTX and 130 affiliates filed for bankruptcy in Delaware on Nov 11. Chaos followed as a number of FTX creditors, investors and industry experts began to question what would happen next.
Laura Shin, crypto journalist, author and host of the Unchained Podcast, sent a tweet on Nov. 15 questioning whether the alleged inter-loan agreement between FTX and Alameda — the company’s venture capital arm — will affect creditors’ and customers’ ability to get back funds.