While the collapse of FTX is bringing new questions to bankruptcy courts, legal professionals note that bankruptcy laws are unlikely to change.
November 29, 2022 at 04:36 PM
4 minute read
The original version of this story was published on Legaltech News
In recent years, the cryptocurrency space has been one defined by its upheavals in activity.
The most recent example, of course, is the unexpected collapse of the cryptocurrency exchange FTX, which announced it filed for bankruptcy earlier this month.
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Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a Senate Agriculture, Nutrition and Forestry Committee hearing in Washington, D.C., U.S., on Wednesday, Feb. 9, 2022. Photo: Sarah Silbiger/Bloomberg
