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Benzinga
Benzinga
Business
AJ Fabino

What's Going To Happen To All The Companies FTX Bought?

FTX founder and former CEO Sam Bankman-Fried announced via Twitter Friday that FTX US, FTX Trading, quantitative research firm Alameda Research and 130 additional affiliated companies to the FTX Group have commenced voluntary proceedings under Chapter 11 bankruptcy.

That begs a very simple question: what’s going to happen to all the companies FTX bought?

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