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FTX lawyer says in first bankruptcy hearing this is different 'animal'

November 23, 2022
Source: cnbc.com cnbc.com
News Snapshot:
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, on Thursday, Oct. 13, 2022. Lawyers for collapsed crypto exchange FTX said on Tuesday, in the company's first bankruptcy hearing, that regulators from the Bahamas, where FTX was headquartered, have agreed to consolidate proceedings in Delaware. FTX's lawyers, who were brought in by new leadership to handle restructuring, filed an emergency motion last week to secure the move to the U.S. The hearing on Tuesday was the initial step in the resolution of the...
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Tags: Attack | bank | bankruptcy | bitcoin | blockchain | Business | Cayman | China | court | crypto | cryptocurrency | currency | data | Delaware | digital | emergency | executive | finance | fintech | Founder | hacker | New York | real estate | technology | Washington

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