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Generally, you're not entitled to potential losses as a bankruptcy creditor. Those creditors were welcome to sue the entity in bankruptcy for their potential l
by FireBeyond 2y ago
Generally, you're not entitled to potential losses as a bankruptcy creditor.
Those creditors were welcome to sue the entity in bankruptcy for their potential losses, but that would involve demonstrating they'd have had the wherewithal to hold to the point of the gains they're claiming.
I do think that FTX creditors should not have profited out of the bankruptcy proceedings, either.