Call us now:
Tuesday this week will be a day when more information becomes available on FTX, as the initial bankruptcy hearing takes place in Delaware. With over 1 million creditors there’s a long cue looking to get their cash, or bitcoin back.
FTX built a complex portfolio of organisations over a very short period of time, including clearing brokerage and tech and a derivatives platform to complement subsidiaries in Japan, Turkey, the UAE and U.S. An expansion funded from the monies coming in from investors, with little visibility of revenue generation.
Ted Dziekanowski
#crypto #cryptocurrency #ftx
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