
Judging Sam: Judging the FTX Bankruptcy
Against the Rules with Michael Lewis
Navigating the FTX Bankruptcy Landscape
This chapter examines the complexities of the FTX bankruptcy, highlighting the remaining significant assets and their impact on depositors' recovery prospects. It discusses the unique challenges faced by crypto exchanges compared to traditional banks, along with the intricate motivations of executives and legal teams during the proceedings. The chapter questions the effectiveness of FTX's leadership in pursuing viable solutions and the implications for stakeholders involved.
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