FTX Faces Bankruptcy Court Hearing Amid Financial Crisis 🏛️

FTX's new management will present the details of its bankruptcy during the first court hearing in Delaware, shedding light on the events that led to the crypto exchange's collapse.

FTX Faces Bankruptcy Court Hearing Amid Financial Crisis 🏛️
Benzinga
341 views • Nov 22, 2022
FTX Faces Bankruptcy Court Hearing Amid Financial Crisis 🏛️

About this video

FTX has its first hearing in a Delaware bankruptcy court on Tuesday. Its new management will outline the events leading up to the cryptocurrency exchange’s collapse and its measures to secure customer funds and company assets. FTX’s Chapter 11 filing has proven complicated for its lawyers, who are attempting to sort through the company’s assets. FTX did not have reliable bookkeeping or methods for tracking its crypto dealings.

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341

Duration

0:27

Published

Nov 22, 2022

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