3rd Circ. Sides With US Trustee In Battle For FTX Examiner

By Rick Archer · January 19, 2024, 10:27 AM EST

The Third Circuit on Friday ordered the appointment of an examiner in the bankruptcy of cryptocurrency giant FTX, agreeing with the U.S. Trustee's Office that the appointment is required by law....

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Bankruptcy Scorecard

Summary

Cryptocurrency exchange FTX filed for Chapter 11 on Nov. 11, 2022, after a rapid collapse in value.

Case Number

1:22-bk-11068

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Total liabilities are still to be determined, as a full plan has yet to be filed and FTX's tax liability is still being resolved. The IRS has filed a claim for $8 billion.

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Documents

Related Sections

Case Information

Case Title

FTX Trading Ltd.

Case Number

1:22-bk-11068

Court

Delaware

Nature of Suit

Date Filed

November 11, 2022

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