Re:FTX to file for U.S. bankruptcy, CEO resigns
by UncleEntity on Friday November 11, 2022 @04:10PM
(#33566888)
> As for the current state of things, FTX is (was) a Bahamas company not subject to the financial oversight of the general western world.
The headline says filing for US bankruptcy so I’m assuming they have some US based entity — which as of yesterday was perfectly solvent because the accounts weren’t commingled.
So one would presume (without actually reading TFA) that they are indeed subject to US financial oversight and have some explaining to do to the people in charge of those sorts of things.
The headline says filing for US bankruptcy so I’m assuming they have some US based entity — which as of yesterday was perfectly solvent because the accounts weren’t commingled.
So one would presume (without actually reading TFA) that they are indeed subject to US financial oversight and have some explaining to do to the people in charge of those sorts of things.