FTX News: Bankruptcy Distribution Around The Corner? Token Sees A Spike of 70%
1 min read
The post FTX News: Bankruptcy Distribution Around The Corner? Token Sees A Spike of 70% appeared first on Coinpedia Fintech News When FTX filed for bankruptcy protection in November 2022, and CEO Sam Bankman Fried resigned, John Ray III, a bankruptcy litigator, took over to fix the clutter. The exchange filed its Chapter 11 Plan of Reorganization and a disclosure statement on May 7, 2024, revealing that it owed about $11.2 billion to its customers. The company …
Source: coinpedia
