This is very sad and terrible, but I think the relevant companies are bankrupt and rescue seems unlikely. Maybe if it’s helpful in some way, the newspapers Reuters and NYT contain information, if you want to read it.
Onlookers: Guys, it’s a highschooler, I think there might be special duties here to people of different ages and backgrounds.
While they are insolvent, FTX and SBF have not declared bankruptcy. In developing scenarios, information is unclear and from unknown sources. (Alameda’s balance sheet may prove incomplete.)
This is very sad and terrible, but I think the relevant companies are bankrupt and rescue seems unlikely. Maybe if it’s helpful in some way, the newspapers Reuters and NYT contain information, if you want to read it.
Onlookers: Guys, it’s a highschooler, I think there might be special duties here to people of different ages and backgrounds.
While they are insolvent, FTX and SBF have not declared bankruptcy. In developing scenarios, information is unclear and from unknown sources. (Alameda’s balance sheet may prove incomplete.)
Bahamian authorities have obtained a court order to begin provisional liquidation proceedings for “FTX Digital Markets and related parties.”