Birdwatch Note Rating
2022-11-20 04:04:07 UTC - HELPFUL
Rated by Participant: B1859AB02010766F8A3423B8B60E2B0C1C8440647F9A66541D4C9142C06D6D97
Participant Details
Original Note:
Crypto exchange FTX has filed for bankruptcy under Chapter 11. https://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-11-bankruptcy-basics 134 companies affiliated with FTX have filed for bankruptcy. https://www.forbes.com/sites/mariagraciasantillanalinares/2022/11/12/billions-of-ftx-assets-in-limbo-as-exchange-follows-voyager-into-bankruptcy/?sh=1ff084ee3f72 If Chapter 11 is submitted, it means the company can run and operate while trying to repay to its customers. https://www.gizmotimes.com/blockchain/cryptocurrency/ftx-bankruptcy-filing-list-of-companies/45029
All Note Details