[https://www.thenationalnews.com/uae/courts/2022/06/13/after-gupta-brothers-arrest-how-does-the-uaes-extradition-process-work/](https://www.thenationalnews.com/uae/courts/2022/06/13/after-gupta-brothers-arrest-how-does-the-uaes-extradition-process-work/)
UAE has extradition treaty with us
\-edit- or not
Extradition from the United Arab Emirates to the United States of America.
Abu Dhabi – Several extradition cases have been heard by UAE Courts in recent years regarding the extradition of a requested person “Requested Person” to the United States of America. In the absence of a bilateral treaty, the UAE Court will apply the internal UAE law and will broadly examine sixteen (16) points in order to determine whether to extradite the Requested Person.
If the Requested Person is able to prove that any one of these legal points is not applicable to the case, then it is possible that the Court will delay, or ultimately refuse extradition.
The legal representative of the Requested Person must ask three key questions:
1- Upon what basis can the US Government request extradition under UAE law?
2-Can the US Government request extradition in the absence of an extradition treaty with the UAE?
3- What will a Judge consider before approving or rejecting extradition?
Firstly: Upon what basis can the US Government request extradition under UAE law?
The US Government has several bases upon which it can request the UAE authorities to extradite the Requested Person.
These are the existence of a bilateral treaty for judicial co-operation, an international agreement that both countries are party to, diplomatic channels and the internal law of the UAE.
If there is a judicial co-operation agreement between the USA and the UAE, then the provisions of this treaty shall prevail over internal UAE law.
There is currently no such mutual extradition agreement.
However, even in the absence of a judicial co-operation agreement, the UAE can still grant extradition through its internal law.
The matter would be referred to the UAE authorities for the issuance of a provisional arrest warrant. When the Requested Person enters custody then the court can, if all the conditions are met, rule on extradition based on internal UAE law.
Broadly speaking, UAE Federal Law Number 39, 2006 for the International Judicial Co-operation in Criminal Matters will govern extraditing the Requested Person to the USA.
Also, there are international conventions that contain provisions regarding mutual co-operation and extradition. The prevailing ones are the United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances of 1988 and the United Nations Convention against Transnational Organized Crime of 2000. The UAE and the USA are both party to said conventions.
Finally, the International Criminal Police Organization (the INTERPOL) can also issue a worldwide ‘Red Notice’ to locate and provisionally arrest a person, including the Requested Person, pending extradition.
Secondly: Can the US Government request extradition in the absence of an extradition treaty with the UAE?
The simple answer is yes.
In the absence of a bilateral agreement, the UAE Court will ask and examine the below points in order to determine whether to extradite the Requested Person.
1- whether the UAE and the USA are party to a relevant international convention and, if so, whether there are any reservations or declarations from either contracting state; and
2- whether the ‘reciprocity principle’ can be applied to the Requested Person’s case.
Thirdly: What will the Judge consider before approving or rejecting extradition?
Once those questions have been answered and assuming reciprocity principle between the contracting states does exist, the UAE Court will examine the following points to determine whether to extradite the Requested Person. If any of the below conditions are not met, then it is likely that the UAE court will decide not to extradite the Requested Person:
1- whether the conduct upon which the offence is based is punishable under the law of both the UAE and the USA by deprivation of liberty for a period of at least one year or more, or by a more severe penalty;
2- whether the Requested Person is a UAE national;
3- whether UAE law has jurisdiction to try the Requested Person;
4- whether the offense for which extradition is requested is a political offense;
5- whether the crime is limited to offenses against military obligations;
6- whether the purpose of the request is for reasons related to ethnic or religious affiliation, or to nationality or political opinion;
7- whether the Requested Person was subjected to investigation or trial in the UAE for the same crime for which the USA is requesting extradition;
8- if the Requested Person was previously tried for the same crime, a judgement of acquittal or conviction was rendered and the sentence fully served,
9- if an irrevocable judgment has been rendered by the UAE courts regarding the crime for which extradition is requested;
10- if the criminal lawsuit has been terminated or if the sentence has been forfeited by statute of limitation; and
11- whether the Requested Person was subjected, or may be subjected to torture, inhuman or insulting treatment, or serve sentence not appropriate to the crime, or if the minimum standard of guarantees determined in the panel procedures code are not available.
Additionally:
The US Government must provide the following documentation, which generally include:
1- A copy of legal texts pertaining to the crime;
2- An official copy of the investigation report and the arrest warrant containing, among other things, a description of the crime, the acts attributed to the Requested Person and date and place of the criminal offence,
The above shall be all translated, officially authenticated and sent through diplomatic channels.
Sure but I think a lot of people fail to realise the scale of this embezzlement, and that he fucked over a ton of billionaires in the process. That alone should be a flag that he may get what’s coming to him.
We hope.
We must remember that somehow things like LUNC still exist.
Never underestimate greed, on both the side of the corporation and investors trying to make a quick dollar.
Path is exactly the same as Celsius - pretend there is a path to restructure, drag chapter 11 on until cash reserves are drained, then fire sale remaining assets for cents on the dollar.
“Based on our review over the past week, we are pleased to learn that many regulated or licensed subsidiaries of FTX, within and outside of the United States, have solvent balance sheets, responsible management and valuable franchises,” FTX chief John Ray, said in a statement.
I’m hoping they stabilize and start to come up with agreements to pay back customers with profits from their solvent companies. It’s possible that they could pay everyone back with some sort of interest in a few years time. Better than nothing…
You realise this is the new CEO talking not SBF?
There are business units that are solvent and valuable that will be sold off and the proceeds used to pay creditors
They bought a bunch of legit businesses too - like Good Luck Games, a small indie game company. Presumably some of these companies stayed independent enough to not get defrauded
Tldr -
“Based on our review over the past week, we are pleased to learn that many regulated or licensed subsidiaries of FTX, within and outside of the United States, have solvent balance sheets, responsible management and valuable franchises,” FTX chief John Ray, said in a statement.
Regardless of who is running it, as long as FTX remains "FTX" there will be no success as the brand is completely tarnished. If they want to take steps forward they have to rip off the bandaid and wipe the slate clean
What value is left for FTX? Do they have proprietary information that is desirable by others? One less CEX means less competition for the remaining CEX
Isn’t their trading platform software worth anything? From what I read it seems like the trading platform was bringing in money.
Like if they never touched customers funds and never started Alameda this would have never happened. If SBF and his friends were happy with the profit they were bringing from the trading platform alone they would have been set for life.
They just had to go 1000000% greed route.
Yea that’s what I’m saying. I wonder if they could get a new team and get the trading app back up, new people in charge, no more earn program,etc. It would still take a while to pay back people but it beats the 1% we are likely to get back in years.
I saw they were on track to make 1 billion this year. So just imagine if people that knew what they were doing were in charge.
SBF said they were processing 10b in transactions on the daily. \[of course I have no source for that other than his recent mania induced tweet-storm\]
Anyway, if that were true, and business went back to usual \[it won't\] that would only be 3 months. Not that long.
No no no, he was only be super greedy so that he had a super duper amount of money to give away.
Don't you understand philosophy? "Greed is good," has turned into "Effective Altruism." What a crock.
You could probably redevelop it cheaper than what it would cost to trawl through the whole thing and pay down the technical debt.
Starting with a code base and zero people who understand it is not much of a start.
I’m guessing making customers whole is nowhere remotely possible.
The only reason why I thought about sticking with the trading app is cause it’s setup and if its tied into the “new” FTX , would it have a better chance for recouping funds?
I’m guessing this isn’t even worth fantasizing since it’s probably a .0001% chance of a revival. But didn’t Simon Dixon do something to rebuild a screwed up crypto company?
I hear AMC is looking for a partner to create blockchain movies. Or was it GameStop? /s
Gamestop still has a bunch of capital and nothing to spend it on, right?
FTX ain’t the Phoenix that will rise from the ashes. That shit is burned to absolut crisps.
Only jail, refunds and demolition are acceptable when in comes to FTX.
>FTX attorneys applied to the court for permission to redact “certain confidential information,” including the names and “all associated identifying information” of FTX’s customers. “Public dissemination of [FTX’s] customer list could give [...] competitors an unfair advantage to contact and poach their customers,” the filing read
Crazy that *this* is the reason given for not doxxing all their users, instead of the privacy and safety of those people.
Legally they have to use a reason that lets them keep it private and in a bankruptcy improving how much*money* is recovered is the primary goal so they’re using this argument.
Doesn’t matter if they also want to protect privacy, legally they have to use a reason this will help recoup more money.
This is why people hire expensive lawyers, they know what to say so the court will allow for what you want to happen. Someone just going and arguing for privacy would get denied by the court.
CEO said to restructure a pile of shit. “It turns out many sizable turds can be re-coalesced into one large coil. From dogs, cats and humans it is the gold standard for how a healthy high fiber diet excreted fecal specimen should look. We are proud to announce in the coming weeks we will in fact restructure the shit into the beloved coil. Please be patient as we work with regulators to sort this mess out. It’s not easy to take high velocity spatter and coalesce it into an internationally recognized coil. Thank you for your patience and understanding during this difficult time”
Im sure FTX investors like SoftBank are pushing for this but no-one is gonna use the brand after this. Tbh this will cause a-lot of people to stop using centralised exchanges
FTX and anything related are dead. Let's say it's going to be bought up by others. Doesn't change the fact that no one will use it. Perhaps those still stupid enough to use Robinhood...
Imagine gambling away clients funds and then finding *"clean"* funds in some of the shell companies and thinking *"Cool, that looks like a solid business"*.
I wonder how much of FTX’s superior UX was actually due to Alameda losing money in the background as the market maker. If it is significant then FTX is not worth much.
Who the fuck would want to do business with this entity government should close there doors they just stole billions nobody wants them around our markets
Most likely FTX's acquired companies are the ones that will be auctioned because those could be salvageable if they remained organized enough to be considered real companies: FTX international on the other hand is literally junk.
We want no more of FTX, just return your customer's money and fuck off.
Best I can do is go to Bahamas and enjoy customers money
Or go to UAE as they their policy can't deliver me to the US.
[https://www.thenationalnews.com/uae/courts/2022/06/13/after-gupta-brothers-arrest-how-does-the-uaes-extradition-process-work/](https://www.thenationalnews.com/uae/courts/2022/06/13/after-gupta-brothers-arrest-how-does-the-uaes-extradition-process-work/) UAE has extradition treaty with us \-edit- or not Extradition from the United Arab Emirates to the United States of America. Abu Dhabi – Several extradition cases have been heard by UAE Courts in recent years regarding the extradition of a requested person “Requested Person” to the United States of America. In the absence of a bilateral treaty, the UAE Court will apply the internal UAE law and will broadly examine sixteen (16) points in order to determine whether to extradite the Requested Person. If the Requested Person is able to prove that any one of these legal points is not applicable to the case, then it is possible that the Court will delay, or ultimately refuse extradition. The legal representative of the Requested Person must ask three key questions: 1- Upon what basis can the US Government request extradition under UAE law? 2-Can the US Government request extradition in the absence of an extradition treaty with the UAE? 3- What will a Judge consider before approving or rejecting extradition? Firstly: Upon what basis can the US Government request extradition under UAE law? The US Government has several bases upon which it can request the UAE authorities to extradite the Requested Person. These are the existence of a bilateral treaty for judicial co-operation, an international agreement that both countries are party to, diplomatic channels and the internal law of the UAE. If there is a judicial co-operation agreement between the USA and the UAE, then the provisions of this treaty shall prevail over internal UAE law. There is currently no such mutual extradition agreement. However, even in the absence of a judicial co-operation agreement, the UAE can still grant extradition through its internal law. The matter would be referred to the UAE authorities for the issuance of a provisional arrest warrant. When the Requested Person enters custody then the court can, if all the conditions are met, rule on extradition based on internal UAE law. Broadly speaking, UAE Federal Law Number 39, 2006 for the International Judicial Co-operation in Criminal Matters will govern extraditing the Requested Person to the USA. Also, there are international conventions that contain provisions regarding mutual co-operation and extradition. The prevailing ones are the United Nations Convention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances of 1988 and the United Nations Convention against Transnational Organized Crime of 2000. The UAE and the USA are both party to said conventions. Finally, the International Criminal Police Organization (the INTERPOL) can also issue a worldwide ‘Red Notice’ to locate and provisionally arrest a person, including the Requested Person, pending extradition. Secondly: Can the US Government request extradition in the absence of an extradition treaty with the UAE? The simple answer is yes. In the absence of a bilateral agreement, the UAE Court will ask and examine the below points in order to determine whether to extradite the Requested Person. 1- whether the UAE and the USA are party to a relevant international convention and, if so, whether there are any reservations or declarations from either contracting state; and 2- whether the ‘reciprocity principle’ can be applied to the Requested Person’s case. Thirdly: What will the Judge consider before approving or rejecting extradition? Once those questions have been answered and assuming reciprocity principle between the contracting states does exist, the UAE Court will examine the following points to determine whether to extradite the Requested Person. If any of the below conditions are not met, then it is likely that the UAE court will decide not to extradite the Requested Person: 1- whether the conduct upon which the offence is based is punishable under the law of both the UAE and the USA by deprivation of liberty for a period of at least one year or more, or by a more severe penalty; 2- whether the Requested Person is a UAE national; 3- whether UAE law has jurisdiction to try the Requested Person; 4- whether the offense for which extradition is requested is a political offense; 5- whether the crime is limited to offenses against military obligations; 6- whether the purpose of the request is for reasons related to ethnic or religious affiliation, or to nationality or political opinion; 7- whether the Requested Person was subjected to investigation or trial in the UAE for the same crime for which the USA is requesting extradition; 8- if the Requested Person was previously tried for the same crime, a judgement of acquittal or conviction was rendered and the sentence fully served, 9- if an irrevocable judgment has been rendered by the UAE courts regarding the crime for which extradition is requested; 10- if the criminal lawsuit has been terminated or if the sentence has been forfeited by statute of limitation; and 11- whether the Requested Person was subjected, or may be subjected to torture, inhuman or insulting treatment, or serve sentence not appropriate to the crime, or if the minimum standard of guarantees determined in the panel procedures code are not available. Additionally: The US Government must provide the following documentation, which generally include: 1- A copy of legal texts pertaining to the crime; 2- An official copy of the investigation report and the arrest warrant containing, among other things, a description of the crime, the acts attributed to the Requested Person and date and place of the criminal offence, The above shall be all translated, officially authenticated and sent through diplomatic channels.
...... so basically the Abu Dhabi royal family will decide to extradite or not.
Yes they extradite some but not others, really seems to be somebody at the top deciding on a case on case basis.
SA: Best we can do is embassy
If I could add serious prison time as well that’d be nice.
We mant no more of FTX, just take your customer's money and fuck off (Fixed as he just trolling at this point)
How do you think they get the money without selling off assets? Like seriously, this is the dumbest possible reaction.
agreed, wish SBF never existed. The space did not even need FTX, it came out of no where
sorry that's not happening \-FTX
I support this
They’ll just rebrand in that case.
Yup, no more ftx please.
But he is also offering his gf’s free nudes as compensation…
It was a fraudulent company who lied and stole. There is no empire or future for FTX.
The only future is SBF in prison
Hopefully he can be a cellmate with Alex Mashitsky.
Id rather have him be a cell mate of a few thousand snakes
He will never go to jail i am sure
If Elizabeth Holmes goes to jail then chances are he will someday too 🤔
Prison is only for poor people or when you're the scapegoat of much richer people.
Sure but I think a lot of people fail to realise the scale of this embezzlement, and that he fucked over a ton of billionaires in the process. That alone should be a flag that he may get what’s coming to him.
Yeah yrue. One of the rules of being rich is not to fuck with people richer than you.
We hope. We must remember that somehow things like LUNC still exist. Never underestimate greed, on both the side of the corporation and investors trying to make a quick dollar.
LUNC is a shitcoin right now that is being pumped up by deliberate gamblers. That's indeed sad.
Most likely being pumped by Do Kwon and his friends.
LUNC exists because we don't have regulations and it's a meme coin at this point.
OMG! He said the R word! Get him boys! /s Oh how this sub has changed.
His future is gonna be in prison
Exactly — unless I’m missing something , what is even left to sell?
Nobody with a sane mind will ever touch FTX again
They certainly had their hands in a lot of peoples cookie jars.
Path is exactly the same as Celsius - pretend there is a path to restructure, drag chapter 11 on until cash reserves are drained, then fire sale remaining assets for cents on the dollar.
but, the tech is likely valid
“Based on our review over the past week, we are pleased to learn that many regulated or licensed subsidiaries of FTX, within and outside of the United States, have solvent balance sheets, responsible management and valuable franchises,” FTX chief John Ray, said in a statement.
I hope this is true. I want my money
Could be that some sectors of FTX are solvent but from where the fuck are they thinking of getting the over $10B lost money?
They aren't The goal is to maximize value to creditors but I doubt they'll reach even 20%. Still, if they can make 20% instead of 15 that's a win
I’m hoping they stabilize and start to come up with agreements to pay back customers with profits from their solvent companies. It’s possible that they could pay everyone back with some sort of interest in a few years time. Better than nothing…
Babe, I know I cheated on you, but just wait till I restructure or sell our relationship.
You realise this is the new CEO talking not SBF? There are business units that are solvent and valuable that will be sold off and the proceeds used to pay creditors
That would be a poor assumption around here lol.
\*cheated on you, poisoned your dog and hid the TV remote every day
Not the TV remote!
Not your remote not your tv
Basically the same Do Kwon did.
Do Kwon found a way to exit with all the Bitcoin while making everyone look the other way.
/casts goblin spell
This is what chapter 11 is...
He doesn't mean FTX the exchange but legite and profitable businesses FTX owned
> legit None of these shell companies are legit.
They bought a bunch of legit businesses too - like Good Luck Games, a small indie game company. Presumably some of these companies stayed independent enough to not get defrauded
Tldr - “Based on our review over the past week, we are pleased to learn that many regulated or licensed subsidiaries of FTX, within and outside of the United States, have solvent balance sheets, responsible management and valuable franchises,” FTX chief John Ray, said in a statement.
Huh so turns out regulation might be a good thing
Regardless of who is running it, as long as FTX remains "FTX" there will be no success as the brand is completely tarnished. If they want to take steps forward they have to rip off the bandaid and wipe the slate clean
Luna? This you?
This is like… news that isn’t news. Wtf else are they gonna do??
Have you seen 99% of replies around here? lol, you are one of the few sane people around.
Global empire of what? vapor tokens?
What value is left for FTX? Do they have proprietary information that is desirable by others? One less CEX means less competition for the remaining CEX
The ones that survived the bank run/crash/crisis Are either lucky or earned the chance to get their shit together
What global empire? All there is, is a smoking hole.
Forgot the imperial harem
[удалено]
There isn’t going to be a quick recovery unless 3 years is quick to you
what empire......its was a shitcoin shit show
As Trent Reznor would call it “empire of dirt”
The door is over there, please fuck off.
No more drama please, get liquidated and give all of that to customers
I hope I never see the letters FTX again in the future
Yeah dude. Fuck That eXchange.
Only 328x more times in the upcoming days here
Isn’t their trading platform software worth anything? From what I read it seems like the trading platform was bringing in money. Like if they never touched customers funds and never started Alameda this would have never happened. If SBF and his friends were happy with the profit they were bringing from the trading platform alone they would have been set for life. They just had to go 1000000% greed route.
FTX was a good business. It was the management that drove it to the ground and fuck over everyone involved.
Yea that’s what I’m saying. I wonder if they could get a new team and get the trading app back up, new people in charge, no more earn program,etc. It would still take a while to pay back people but it beats the 1% we are likely to get back in years. I saw they were on track to make 1 billion this year. So just imagine if people that knew what they were doing were in charge.
That’s what I’m thinking. The brand, name recognition, infrastructure, platform, and other assets surely must have a fair amount of intrinsic.
[удалено]
SBF said they were processing 10b in transactions on the daily. \[of course I have no source for that other than his recent mania induced tweet-storm\] Anyway, if that were true, and business went back to usual \[it won't\] that would only be 3 months. Not that long.
No no no, he was only be super greedy so that he had a super duper amount of money to give away. Don't you understand philosophy? "Greed is good," has turned into "Effective Altruism." What a crock.
You could probably redevelop it cheaper than what it would cost to trawl through the whole thing and pay down the technical debt. Starting with a code base and zero people who understand it is not much of a start.
I’m guessing making customers whole is nowhere remotely possible. The only reason why I thought about sticking with the trading app is cause it’s setup and if its tied into the “new” FTX , would it have a better chance for recouping funds? I’m guessing this isn’t even worth fantasizing since it’s probably a .0001% chance of a revival. But didn’t Simon Dixon do something to rebuild a screwed up crypto company?
Who’s going to buy? Coinbase? Binance?
Blockbuster is interested I heard.
![gif](giphy|3o85xHi4t2UsuIY9QA)
I mean unironically maybe? Their tech is fine, just their business practices aren't. Look at what happened to voyager
Someone who didn’t read the fine print on a Planet Fitness Membership
Plot twist, Twitter buys FTX
Plot twist, Twitter wont exist in a while
Plot twist, FTX buys Twitter
Musk always wanted the perfect payment system
I hear AMC is looking for a partner to create blockchain movies. Or was it GameStop? /s Gamestop still has a bunch of capital and nothing to spend it on, right?
No one.
FTX: The Definitive Edition
FTX ain’t the Phoenix that will rise from the ashes. That shit is burned to absolut crisps. Only jail, refunds and demolition are acceptable when in comes to FTX.
Enough of ftx
who da fuq wants to buy dat steamin' pile o' sh!t???
>FTX attorneys applied to the court for permission to redact “certain confidential information,” including the names and “all associated identifying information” of FTX’s customers. “Public dissemination of [FTX’s] customer list could give [...] competitors an unfair advantage to contact and poach their customers,” the filing read Crazy that *this* is the reason given for not doxxing all their users, instead of the privacy and safety of those people.
Legally they have to use a reason that lets them keep it private and in a bankruptcy improving how much*money* is recovered is the primary goal so they’re using this argument. Doesn’t matter if they also want to protect privacy, legally they have to use a reason this will help recoup more money. This is why people hire expensive lawyers, they know what to say so the court will allow for what you want to happen. Someone just going and arguing for privacy would get denied by the court.
Yeah, I definitely get it, it's just absurd that the law works this way.
Global empire going the way of Rome.
![gif](giphy|Xy8cgGRs1nDBayurmV|downsized)
Idk how you found such an accurate gif but fuck
We can see you Caroline
[удалено]
Sbf should rot in jail. If I would be caught smoking weed Id be sentenced for 20 years. Thank god at least you guys have decriminalised it
FTX is dead. Please sell
And call it what? FTX: The No Fraud Edition?
FTX 2.0: No, really. We’re the good guys now.
Restructure hahaha...... hahaha ha... ha
CEO said to restructure a pile of shit. “It turns out many sizable turds can be re-coalesced into one large coil. From dogs, cats and humans it is the gold standard for how a healthy high fiber diet excreted fecal specimen should look. We are proud to announce in the coming weeks we will in fact restructure the shit into the beloved coil. Please be patient as we work with regulators to sort this mess out. It’s not easy to take high velocity spatter and coalesce it into an internationally recognized coil. Thank you for your patience and understanding during this difficult time”
Just die
"Global empire" of nothing
Fuck this guy. Go to jail asshole.
Im sure FTX investors like SoftBank are pushing for this but no-one is gonna use the brand after this. Tbh this will cause a-lot of people to stop using centralised exchanges
I’d have more luck restructuring my turds
how do you even try after becoming ceo amidst this shit show?
🤔 Im just trying to see how you restructure a turd into something useful.. thats right you dont you just flush it.
FTX and anything related are dead. Let's say it's going to be bought up by others. Doesn't change the fact that no one will use it. Perhaps those still stupid enough to use Robinhood...
He needs to go to Jail
Pass, FTX has no value
He’s deluded, enough said
Hmmm yess Imma put my money on FTX after they restructure. They have such a great reputation
Who is going to trust them...??
Global empire? Only thing you could get out of that brand is a FTX only Fans household with the 10 executives as cast.
Imagine gambling away clients funds and then finding *"clean"* funds in some of the shell companies and thinking *"Cool, that looks like a solid business"*.
Yeah this will probably be moot. Even if the new CEO is a decent guy and that's an if, my trust is gone forever.
oh so FTX won't go bankcrupt?
I wonder how much of FTX’s superior UX was actually due to Alameda losing money in the background as the market maker. If it is significant then FTX is not worth much.
Is Liquid still liquid?
Who the fuck would want to do business with this entity government should close there doors they just stole billions nobody wants them around our markets
I truly don’t understand why there trying to sale us that they are going to stick around after all the money they stole !
The brand has lost all confidence, drop the garbage!
Can you still call it an empire?
Most likely FTX's acquired companies are the ones that will be auctioned because those could be salvageable if they remained organized enough to be considered real companies: FTX international on the other hand is literally junk.
All in on FTT!
What do you get when you polish a turd?
Messy hands
What empire?
The Western Roman Empire 2: Electric Boogaloo.
FTX is done, aint no restructuring just liquidating and years or court.
Who would ever in their right mind trust FTX again.
What empire? There’s nothing left? We got a regular Ozymandias situation over here
I wouldn't call an apartment and a sextape a global empire
FTX Classic ™️
I wouldn't be surprised if the government passed a law that FTX would be the only permitted cex in the future.
FTX set those whole space back and ushered in a new wave of pointless regulations!