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FTX Lawyer: ‘Substantial Amount’ of Assets Stolen | Arkansas Business News
We ended up unable to ship the write-up. NEW YORK (AP) — Attorneys for FTX disclosed Tuesday that a “considerable volume” of property has been stolen from the accounts of the collapsed cryptocurrency exchange, diminishing the odds that its hundreds of thousands of buyers will get their money again. The admission came through FTX’s 1st courtroom visual appearance considering that the firm filed for individual bankruptcy security on Nov. 11. This kind of hearings typically transpire days following a submitting, but this one particular was delayed mainly because FTX’s collapse arrived quickly and management held number of if any data. “This company was operate by inexperienced, unsophisticated and perhaps personally…
