Sam Bankman-Fried’s crypto empire filed for Chapter 11 bankruptcy in Delaware, capping rapid downfall for the companies.
Entities tied to FTX.com, FTX US and trading firm Alameda Research Ltd. were part of the filings, according to a Twitter statement Friday. Chapter 11 bankruptcy lets a company continue operating while it works out a plan to repay creditors.
Bankman-Fried res…
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