Chapter 11 - BK - FTX

[Chris Seveney]

I put this post under notes because most note investors are familiar with pacer and the bankruptcy process.

I will find this case fascinating to see All the documents that come out in a $30B+ filing

Here is the initial filing along with over 130 entities…

https://rkc.app.box.com/embed/s/2xorquaktfmtus1s7u7ssznjffpje5ol?fbclid=IwAR1sYaXRUg5PWUA_iJtGvsbHTn3okFRcaSpPUjB2DWoNsRsTQcJpZ5N9WPY

I am not here to comment on whether people should have seen this coming or crypto is bad. I am sharing this to further educate people on understanding bankruptcy and can share this info (since it’s public) with others.

[Andrew Smith]

The FTX bankruptcy is going to be a little more involved than an individual borrower declaring bankruptcy to halt a foreclosure sale on an NPL!  It will be fascinating to watch.  Thanks for sharing Chris!