Crypto investors have been way more active than your average creditor in a bankruptcy case. One guy got thrown out of the of a zoom hearing because most of the hearings for these bankruptcy cases are happening on zoom nowadays. The biggest confusion is about what are they going to get their back? Why can't they just get their coins back? why do they have to wait? And why are the lawyers making so much money?
Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick discusses how the world’s biggest money managers are split over how much further inflation will retreat from the highest levels in decades. Bloomberg Markets Correspondent Kriti Gupta and Bloomberg News Reporter Simone Foxman break down news from consumer related companies. Lonne Jaffe, Managing Director for Insight Partners, explains why 2023 will be the year that AI truly breaks into the general population’s awareness. Bloomberg News Bankruptcy Reporter Steven Church provides the details of his Businessweek story Crypto Quest for Freedom Ends in Bankruptcy Bureaucracy. And We Drive to the Close with Alan Zafran, Co-CEO at IEQ Capital.
Hosts: Kriti Gupta and Madison Mills. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.