What’s Next for FTX and its Customers After Bankruptcy Filing?

FTX is now putting its trust in new CEO John J. Ray III — brought in years ago to oversee the liquidation of collapsed energy company Enron following its accounting scandal — as it seeks next steps following bankruptcy. The bankruptcy process could take several months, one bankruptcy lawyer said, as the exchange and its affiliates formulate recovery plans. FTX founder Sam Bankman-Fried — who resigned as FTX’s CEO Friday morning — tweeted Friday he would seek to give a user recovery update “ASAP.”  5) I’m piecing together all of the details, but I was shocked to see things unravel