After the dramatic collapse of FTX, some users are already looking to write off their losses. But the process won't be that quick or simple.
The fourth-largest cryptocurrency FTX filed for bankruptcy on Nov. 11, but already the process is snarled with uncertainty and infighting, signaling it will be a long, drawn-out procedure to unwind, restructure, and potentially liquidate Sam Bankman-Fried’s crypto empire.
