The US Trustee overseeing FTX's bankruptcy proceedings has requested an independent investigation into its demise. In a Dec. 1 motion, U.S. Trustee called the defunct exchange the "fastest large business collapse in American history". An independent examiner has been requested by the Department of Justice. Independent examiners are usually called in when creditors want them or when unsecured debts surpass $5 million. Trustee Andrew Vara said debtors "suffered an almost unparalleled fall in value" over eight days in November. The U.S. Attorney's Office for the Southern District of New York and Securities and Exchange Commission have allegedly submitted many requests to investors. (Read More)
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments