FTX’s collapse has kicked off the most complicated bankruptcy process so far for the crypto ecosystem, with 102 different court dockets and a first day hearing that took well over a week to schedule. Millions of people’s money is at risk, and that’s ignoring the broader contagion concerns within the crypto ecosystem.
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- Source: https://www.coindesk.com/policy/2022/11/23/personal-fiefdom-some-takeaways-from-ftxs-first-bankruptcy-hearing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines