From “hush money” allegations to a prospective FTX relaunch, it’s been a crazy week for those following the legal saga of Sam Bankman-Fried’s collapsed crypto empire. Perhaps few are following it more closely than 507 Capital founder Thomas Braziel, who specializes in the trading of bankruptcy claims. He explains the significance of a spate of recent headlines and shares newsworthy tidbits from his meeting with new FTX honcho John J. Ray III.
- what the Daniel Friedberg lawsuit revealed about the whistleblowers of FTX
- how FTX used allegedly false claims in its Series C funding round
- whether Friedberg’s former law firm, Fenwick & West, will suffer legal consequences
- how John Ray is prosecuting the allegedly fraudulent transactions made by FTX
- what stood out to Thomas in his personal dealings with John Ray
- what the timeline is for filing a reorganization plan for FTX
- what the odds are of an FTX 2.0 relaunch, according to Thomas
- why Thomas says that FTT won’t play a role in the potential FTX recovery
- whether the decision to redact the identities of FTX customers was right
Thank you to our sponsors!
- Thomas Braziel, Founder of 507 Capital
- Previous coverage of Unchained on Sam Bankman-Fried and FTX:
- The Chopping Block: Was FTX a Scam From the Very Beginning?
- How Much Prison Time Is FTX’s Sam Bankman-Fried Facing?
- Why the Legal Process for FTX and Sam Bankman-Fried Could Take Years
- The Chopping Block: SBF Wants to Win in the Court of Public Opinion. Will He?
- Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion
- Is the Collapse of Crypto Lending Over, or Is It Just Starting?
- Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX?
- The Chopping Block: Why Lenders Didn’t Liquidate Alameda When It Was Underwater
- Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets
- The Chopping Block: FTX: The Biggest Collapse in the History of Crypto?
- Sam Bankman-Fried on How to Prevent the Next Terra and 3AC
- CoinDesk: FTX Customers Have Until End-September to Submit Bankruptcy Claims
- WSJ: FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges
- Bloomberg: Bankman-Fried’s FTX Halts Sale of $500 Million AI Startup Anthropic Stake