After a tumultuous week for cryptocurrency trading giant FTX culminated in a bankruptcy filing Friday, the reputation of the emerging asset class is bruised and battered. But the battle set to unfold in Delaware court will likely provide a venue for bankruptcy and regulatory attorneys to air the grievances of an under-regulated industry.

One of the largest crypto trading platforms in the world, FTX was ranked number five on Forbes’ list of the “best global crypto exchanges” as late as March. The company built a recognized name that even adorns the Miami Heat’s basketball arena after purchasing naming rights last year for $135 million.

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