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That's still a little weird because usually personal assets are shielded from issues a company has (at least for LLCs).
by dehrmann 4y ago
That's still a little weird because usually personal assets are shielded from issues a company has (at least for LLCs).
- marcinzm 4y agoAs the quoted text notes, FTX claims these are it's assets and until that is resolved is asking the courts for them to be frozen.
- quickthrowman 4y agoIt’s a bit different when you borrow $500M from your (now bankrupt) company to purchase the ‘personal assets’.