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Legal Labyrinth of FTX Bankruptcy
This chapter explores the intricate legal issues surrounding the FTX bankruptcy and the concurrent trial of its founder, including concerns about intimidation tactics raised by the founder's parents. It discusses the focus on fraudulent transfers and the potential for retail clawbacks, as well as the implications for creditors seeking recovery. The ongoing challenges faced by retail investors in navigating complex legal processes against formidable institutional defenses are also highlighted.