Bankruptcy is not a feeling and it is not a press release. It is the moment liabilities swamp assets, withdrawals freeze, and customers discover their money is gone. FTX crossed that line long before the paperwork caught up.
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Bankruptcy is not a feeling and it is not a press release. It is the moment liabilities swamp assets, withdrawals freeze, and customers discover their money is gone. FTX crossed that line long before the paperwork caught up.