As lawsuits continue to pile up in the FTX saga, FTX chief John Ray III is focused on clawing back funds from former affiliates to pay back creditors. But how might that play out in court? Founder of 117 Partners Thomas Braziel, who specializes in the trading of bankruptcy claims, explains the different paths Ray may choose to go down and the potential outcomes of these cases.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights:

  • The chances of FTX winning in court against Sam Bankman-Fried’s parents
  • The case against Barbara Fried and Joseph Bankman
  • Whether civil cases could turn into criminal ones
  • Whether bankruptcy proceedings and the criminal case against Sam Bankman-Fried are a coordinated effort
  • What retail clawbacks are and the likelihood that FTX will pursue them



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  • Previous coverage of Unchained on Sam Bankman-Fried and FTX: