The U.S. Trustee, a branch of the Department of Justice (DOJ), had previously argued that bankruptcy law requires an independent probe for any case of such magnitude, despite warnings that it could cost as much as $100 million. In its arguments, the Trustee said an independent examiner could look into whether those responsible for mismanagement at FTX are still part of the company.
Related posts
-
$200K Bitcoin? Too Small – Government Reserves Could Ignite $500K BTC Explosion
Bitcoin could hit $500,000 if governments consider strategic reserves, with mounting demand from ETFs, corporations, and... -
Michael Saylor urges U.S. to sell gold, buy Bitcoin instead
Michael Saylor urges the government of the United States to sell their gold, as it accounts... -
eToro eyes U.S. IPO with Goldman Sachs support: report
eToro, a trading platform for stocks and cryptocurrencies, is working with Goldman Sachs to plan an...