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"The bankruptcy court’s first task is to find those owed money. Creditors are usually keen to come forward. Not in bankruptcies dealing with crypto. For many, t
by intrasight 4y ago
"The bankruptcy court’s first task is to find those owed money. Creditors are usually keen to come forward. Not in bankruptcies dealing with crypto. For many, the attraction of storing wealth this way is its facelessness."
"Investors, who include some of tech’s most illustrious funders, are also reluctant to fess up to their involvement. To coax them out of hiding, the court has—in a highly unusual move—agreed to keep FTX’s 50 biggest creditors under wraps."
It'll be awkward for #51 ;)
I am really surprised that the court agreed to that plan.