TechFlow news — FTX founder SBF posted a tweet stating, "Today, I filed voluntary Chapter 11 bankruptcy petitions in the U.S. for FTX, FTX US, and Alameda. I’m truly sorry that we’ve arrived here. I hope there can be a path toward recovery, bringing a degree of transparency, trust, and governance. This doesn’t necessarily mean the end of the companies’ ability to deliver value and funds to customers, and it may align with other possible paths. Ultimately, I’m optimistic that Ray (the bankruptcy attorney) and others can help deliver the best outcome, and I will work hard to clarify the situation regarding user recoveries as quickly as possible. I’m piecing together all the details, but I’m shocked by how things unraveled the way they did earlier this week. I’ll write a more complete post soon."Original link
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