FTX creditor repayments being facilitated a little over 2 years after FTX’s shock collapse is a “win” given all the jurisdictional issues that were involved, an industry pundit said.
A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered.
“I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement, different levels of compliance,” Ishan Bhaidani told Cointelegraph’s Turner Wright in a Feb. 28 interview at ETHDenver in Denver, Colorado.
“You’re working with the Bahamas, FTX is multinational… and then obviously the US and a lot of money from US investors, so candidly, I thought it would take longer,” Bhaidani said.
