FTX Inches Toward Ch. 11 Examiner Appointment

By Hilary Russ · January 24, 2024, 6:45 PM EST

A Delaware bankruptcy judge began on Wednesday to lay out a course for picking an independent examiner in the Chapter 11 case of defunct cryptocurrency exchange operator FTX, explaining that the...

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Bankruptcy Scorecard

Summary

Cryptocurrency exchange FTX filed for Chapter 11 on Nov. 11, 2022, after a rapid collapse in value.

Case Number

1:22-bk-11068

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Total liabilities are still to be determined, as a full plan has yet to be filed and FTX's tax liability is still being resolved. The IRS has filed a claim for $8 billion.

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Documents

Related Sections

Case Information

Case Title

FTX Trading Ltd.

Case Number

1:22-bk-11068

Court

Delaware

Nature of Suit

Date Filed

November 11, 2022

Case Title

Bloomberg L.P. et al v. FTX Trading Ltd. et al

Case Number

1:23-cv-00682

Court

Delaware

Nature of Suit

Bankruptcy Appeal (801)

Date Filed

June 23, 2023

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