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FTX US Customers Have Edge Over Non-US Customers

Federal Prosecutors Confiscate About $700 Million Assets From Former FTX’s Sam Bankman-Fried

It is very clear: “Meanwhile, the new FTX CEO John Ray, who replaced Bankman-Fried to guide FTX’s restructuring, is trying to rescue funds that were lost by the crypto company’s depositors when the firm spiraled into bankruptcy in November last year….John Ray III, while testifying to the U.S house committee, disclosed that U.S. customers are more likely than other customers to get their money back.”  Yes, it is becoming clearer that most US customers will be made whole than their non-US counterparts.

In Tekedia Mini-MBA, we teach a course on company structuring, asset domiciliation, and jurisdictional positioning.  There is a reason for that: bankruptcy attorneys typically start from the home before going to the village square.

Now you understand why $100 from Gabon to FTX is different from $100 from New York City! I invite you to join us in Tekedia Mini-MBA as we begin the next edition on Feb 6, 2023. This is the business school for WE THE PEOPLE, and I guarantee that you will see your world differently because we’re the best on value delivered. Begin here 

  1. Register for Tekedia Mini-MBA (Feb 6 – May 6 2023) here. Discounted price is N60,000 or $140 by Jan 27; price rises afterwards.
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