FTX owes nearly $3.1B to creditors, lawyers warn about “Enormous Exercise”

1 year ago 71
Investors are curious as to when they will get their money from the now-defunct cryptocurrency exchange FTX. Unfortunately, insolvency attorneys have cautioned that it might take “decades.” The cryptocurrency exchange reportedly owes its 50 largest creditors close to $3.1 billion. Additionally, it has applied for bankruptcy court protection in the United States. Without naming them, […]
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