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FTX Proof of Claim Primer

Originally published via the Blockchain Lawyers Group on Medium, December 22, 2022. FTX filed a petition under Chapter 11 of the U.S. Bankruptcy Code on November 17, 2022. So what now?In the bankruptcy system, FTX and associated entities (generally referred to as “FTX” throughout) is now the “debtor” and if FTX is alleged to owe an individual or entity money, they are the “creditor” with a claim against the debtor’s bankruptcy estate. This article is a brief primer on steps FTX creditors can ...