To: dblshot
FTX incorporated in Joe Biden’s home state of Delaware.If you have evidence of that would you share it?
27 posted on
11/27/2022 9:14:28 AM PST by
philman_36
(Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
To: philman_36
A key takeaway from the first-day motions held earlier was that court officials in the Bahamas have officially agreed to let the U.S. court in Delaware handle part of the FTX restructuring case, acquiescing to a request to move a case filed in New York to join the remaining cases in Delaware.
Many companies are incorporated in Delaware through some federal state deal that goes way back and it is customary to file bankruptcy in the state of incorporation. There are US citizens who have a stake in the filing so the Bahamas is good with letting that part go to Delaware.
31 posted on
11/27/2022 9:28:08 AM PST by
dblshot
To: philman_36
Please allow a clarification: FTX is incorporated in Antigua and Barbuda and headquartered in The Bahamas. FTX is closely associated with FTX.US, a separate exchange available to US, pretty much the same company but in a different market.
38 posted on
11/27/2022 9:53:05 AM PST by
dblshot
To: philman_36
Please allow a clarification: FTX is incorporated in Antigua and Barbuda and headquartered in The Bahamas. FTX is closely associated with FTX.US, a separate exchange available to US, pretty much the same company but in a different market.
39 posted on
11/27/2022 9:53:33 AM PST by
dblshot
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