4 ms·
Bankruptcy court can do clawbacks, I'm curious how that could apply for an investment scenario though.. it's not exactly paying a creditor or buying a Porsche j
by l33tman 3y ago
Bankruptcy court can do clawbacks, I'm curious how that could apply for an investment scenario though.. it's not exactly paying a creditor or buying a Porsche just before a bankruptcy...
- skybrian 3y agoRegardless of what's legally possible, it doesn't seem like an option that new FTX management would want to exercise, since they're trying to maximize the value of remaining assets for creditors. Clawbacks would make sense for a charitable donation or shares that have gone down in value. For an investment that's increasing in value, it makes more sense to sell it at market.