nulladdr.eth
@void
does everyone who raised from ftx ventures need to return stolen customer funds?
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Amit Mukherjee
@amitmukherjee
I wouldn't think so. There's no legal requirement for startups to buy back their shares if their counterparty goes bankrupt. More likely, the equity owned will be sold to a secondary buyer for a discount from the paid price, and then that cash would be used to pay off liabilities.
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nulladdr.eth
@void
you’re right https://www.theinformation.com/articles/in-ftx-bankruptcy-startup-stakes-could-be-sold-off-fast
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