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FTX and the Serengeti of bankruptcy

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FTX and the Serengeti of bankruptcy

2024-04-20 08:05:0027:20 77

所属专辑：Planet Money

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For the last year and a half, the story of FTX has focused largely on the crimes and punishment of Sam Bankman-Fried. But in the background, the actual customers he left behind have been caught in a financial feeding frenzy over the remains of the company.

On today's show, we do a deep dive into the anatomy of the FTX bankruptcy. We meet the vulture investors who make markets out of risky debt, and hear how customers fare in the secretive world of bankruptcy claims trading.

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