FTX: The bankruptcy filing process does not include entities such as FTX Capital Markets

2022-11-12 11:38:44
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ChainCatcher message, FTX's official Twitter account released "Clarification on Entities Not Included in Chapter 11 Filing." "FTX announced that FTX US, Alameda Research, and approximately 135 additional affiliates have voluntarily and orderly commenced the relevant process under Chapter 11 of the U.S. Bankruptcy Code to review and monetize all stakeholder interests. In a press release issued earlier today, it was noted that certain subsidiaries are not included in the Chapter 11 proceedings, including Ledger X, FTX Digital Markets, FTX Australia Pty, and FTX Express Pay. Additionally, the following entities are also not included in the Chapter 11 filing process: FTX Capital Markets, Embed Financial Technologies, and Embed Clearing. Furthermore, the FTX Group does not include companies that are not owned or controlled by the FTX Group, such as Bitvo Inc. and BTC Africa SA, along with their respective subsidiaries." (source link)

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