Bankruptcy Proceedings Of FTX Begins

As per reports, FTX in its court filings informed about being in contact with financial regulators.

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Five new independent directors have also been appointed for each of its major businesses, including Alameda Research.

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FTX has also responded to the November 11th cyberattack.

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Addition it to, on Saturday FTX saw unauthorized transactions on its platform.

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Reports detailed that Joseph Farnan, former U.S. District Court Judge and Matthew Doheny will oversee FTX Trading.

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According to the filling, Mitchell Sonkin is appointed as a director at West Realm Shires.

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Matthew Rosenberg is for Alameda Research and Rishi Jain at Clifton Bay Investments.

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