Latest from Jack Schickler
New FTX CEO Paid $1,300 an Hour, Court Filings Show
Other execs are billing $975 per hour, but the fees pale in comparison to the typical overall costs of corporate restructuring.

Shuttered AAX Will Close Out Derivatives, Citing ‘Chance’ of Return to Normal
The Hong Kong crypto exchange hopes to be able to raise enough capital to reopen following a hack.

Sorare, Under Pressure From France’s Gambling Regulator, Will Expand Free Access
Regulators and lawmakers are concerned about money laundering, child protection and gambling addicts

Alameda Had ‘Secret Exemption’ From FTX Liquidation Protocols, New CEO Says
John Ray detailed a litany of management failings at the crypto exchange, which collapsed after revelations about its relationship with its trading arm

Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says
The exchange says it has credible evidence the Bahamas directed unauthorized access to its systems after it filed for bankruptcy in the U.S.

New FTX Boss Condemns Management of the Crypto Exchange During Sam Bankman-Fried's Tenure
The company concealed the misuse of corporate funds, including buying property in the Bahamas for staff, John Ray said.

German Banks' Crypto Interest Is Limited as Industry Is Plagued by ‘Crooks,’ Regulator Says
Germany’s Bafin issued just four crypto custody licenses, said Mark Branson, who sits on the supervision arm of the European Central Bank

Bahamian FTX Liquidators Cite ‘Serious Fraud and Mismanagement’ in Court Filings
Court-appointed liquidators in the Bahamas are seeking to halt asset sales while the complex enterprise is wound up.

DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views
A consultation published today looks at issues like governance, structure, money laundering and taxes.

FTX’s Bahamas Arm Files for Bankruptcy Protection in US
The move on behalf of FTX.com, based in the Caribbean, is the latest legal move in the crypto exchange’s collapse.

