Wassielawyer, a lawyer specializing in restructuring and insolvency, and Thomas Braziel, founder and CEO of 507 Capital, talk about the bankruptcy of FTX.

Show highlights:

what the bankruptcy process of FTX is expected to look like
why FTX got to the the point of filing for bankruptcy protection
why Wassie thinks Alameda is dead
why FTX filed for bankruptcy in the US given that it's a Bahamian company
how FTX's balance sheet is composed and whether it includes Alameda
whether Justin Sun will be dragged into the bankruptcy
how FTX's terms of service differ from Celsius’s and Voyager’s
how the $600 million hack affects the bankruptcy proceeding
whether it's worth it to spend millions of dollars in law firms to go after the hacked money
what's the impact of the 192 million FTT tokens that were printed Saturday night
what will happen with the fork of Serum and the forked tokens
the consequences for all the projects that FTX invested in
why Wassie thinks that tokenizing the liabilities could be a good potential solution
how the FTX's bankruptcy affects Voyager's proceedings and customers
whether FTX’s bankruptcy has put BlockFi in trouble

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Wassielawyer:

Twitter
Thread on community buyout
Previous Unchained episodes:
Why the Messy 3AC, Celsius, and Voyager Bankruptcies Will Drag on for Years
Three Crypto Bankruptcies: 3AC, Celsius and Voyager. What Happens Now?

Thomas:

Episode Links

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