He’s there on behalf of the new owners (the people who FTX owed money to) and his job is to untangle what happened, see what can be salvaged if anything, and th

He’s there on behalf of the new owners (the people who FTX owed money to) and his job is to untangle what happened, see what can be salvaged if anything, and then part up the carcass and dispose of it. Read his filing and in the first three pages he explains what he’s doing there and what his priorities are. He’s basically a trusted neutral party who’s made a career of stepping in to sort out messes like this. A very niche career track and nothing like the job of a CEO in a healthy organization. More like part forensic investigator, part salvage operator, part corp lawyer.