Mark Shapiro on FTX, After Living Lehman & Distress Round-Up: State of Distressed Debt
FICC Focus
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What Happened to the 5 Billion Dollars?
I think by far the most important question is where did the money go and what's going to be left after all of this. It doesn't feel like based on everything that I've read so far, which is all public, that there are a lot of assets at the moment that people know about" Wall Street brokers have expressed an interest in paying the crypto exchanges customers probably penis of the dollars for the bankruptcy rights to the trap cash and cryptocurrency on the platform. So how do you think this firms get comfortable making a bid for claims at this stage?
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