The U.S. Department of Justice has asked a Delaware bankruptcy court judge to appoint an independent examiner to investigate the collapse of FTX."FTX's approximately one million worldwide creditors, outside investors, and regulators are demanding answers to what happened and how."
Comparing FTX to the bankruptcies of Lehman Brothers, Washington Mutual Bank and New Century Financial, the U.S. Trustee said: That is because an independent examiner, however, "would be able to act as a true neutral as to all affected parties" — meaning that it "likely would enjoy broader acceptance and credibility than an examination conducted by any stakeholder in these cases."
How many more collapses we’ll see? I mean I’m fine with Bitfinex. I’m just curious.
LOL. Like anything is going to come of it.
🤣 Independent examiner ? 🤣 It will have to be a Democrat working for the Clinton's or congress won't allow it.
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