According to the report from Bloomberg, in the case of continuous bankruptcy of exchange Cryptocurrency/pseudo collapsed Ponzi FTX Project Increased nearly 1 billion US dollars at the lawyer festival and the numbers that continue to climb as a company continuously to try to relieve the interruption of Sam Bankman-Fried. And make all creditors
By Bloomberg948 million dollars have been paid to more than one dozen laws that are involved in FTX – and 952 million dollars in the festival. The numbers make FTX be one of Chapter 11 The most expensive bankruptcy in history. It is just the bankruptcy of Lehman Brothers, an investment bank that is the heart of a credit crisis that results in financial disasters around the world. Price 6 billion US dollarsAnd Nortel Networks Telecommunications Company operated in 2009 and Significant damage to the Canadian economyat It costs more than $ 2 billion.–
While the cost is still climbing up in the case of FTX, the creditor waiting to receive the refund may not be too interested. Previous report stated that FTX is expected to be about Remaining 16.3 billion dollars When it has been sold out of assets, about $ 11 billion in debt with customers and creditors, which means that it should be more than enough to make them all the FTX customers as blood vessels. Expected to come back 118% What they have in their accounts (Although the government's supervision agency is likely to be frozen with the company's shareholders). Who said Crypto is a shower investment? See those rewards!
FTX bankruptcy has proven to be most expensive because the company is definitely orderly. Even if holding a value of 32 billion US dollars at the top of the frying bank and the company uses Google, the Slack and Excel documents, spreadsheet to manage assets and liabilities. To the court– The company has a quickbooks member for accounting, which is designed for small businesses and is not an international currency exchange and 80,000 transactions in their own accountKeep in the folder named “Ask My Accountant” John Ray III, a bankruptcy expert assigned to take care of the bank. Say He has never received a complete blessing of the organization and the lack of reliable financial data ” – and that man. Enron–
When considering all that, it is a little miracle that is not only But these lawyers (Pay very well) can be separated and analyze all FTX books, but will end by allowing customers to make all the customers even with bankruptcy. While the lawyer is still busy with everything Found his way back to his Twitter account. The other day to offer his thoughts about ineffectively in large organizations. Do you think they have to pay Sam from settlement to guarantee that they will not tweet again?