Before filing for bankruptcy Friday, FTX had paid $135 million for the naming rights to the home of the Miami Heat. Credit: Felix Mizioznikov/Shutterstock.com FTX Bankruptcy Is a 'Black Swan Event' For Crypto Attorneys
The fight in bankruptcy court will help shape the future of the industry, practitioners say. And interest in the space among rising lawyers remains sky high, according to Winston & Strawn's Daniel Stabile.
November 14, 2022 at 05:00 AM
6 minute read
Legal Services
The original version of this story was published on The American Lawyer
After a tumultuous week for cryptocurrency trading giant FTX culminated in a bankruptcy filing Friday, the reputation of the emerging asset class is bruised and battered. But the battle set to unfold in Delaware court will likely provide a venue for bankruptcy and regulatory attorneys to air the grievances of an under-regulated industry.
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