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FTX: Worse Than Enron!

Patrick Boyle On Finance

CHAPTER

Bankruptcy - Is FTX a Good Place to Start?

Bankruptcy filing shows $3.2 billion in illiquid private investments. JOR3 has to dig through the movements of cash and press releases to work out what investments were even made. A jurisdictional fight over the company's legal proceedings has now emerged. FTX International, FTX US and Alameda are estimated at between $10 billion and $50 billion.

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