A few days ago we asked how much longer do we have to wait for the "first-day affidavit" in the FTX bankruptcy, traditionally the most detailed and comprehensive summary of how any given company collapsed into Chapter 11 (and in FTX's case,.
FTX, the cryptocurrency exchange that collapsed amid a liquidity crisis earlier this month, owes creditors at least $3 billion, it said in a new court filing.
Bankrupt cryptocurrency firm FTX, whose former CEO Sam Bankman Fried spent nearly $40 million to help Democrats in this year's midterm elections, now owes its creditors at least $3 billion.