Episode
Listen to the FTX bankruptcy hearing held 5/14/2026
- Published
- May 16, 2026
- Duration seconds
- 5457
- Processing state
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Summary
This is a very interesting hearing, and is available on the bankruptcy court's docket. I am streaming it to make the audio more accessible to the hearing impaired and people domestically and internationally who cannot readily access this publicly available information. Sorry for the volume issues. The volume is low on the court audio. (It's ok on desktop with headphones.) The hearing opens with the defense counsel (the Binance side) trying to get the bankruptcy "clawback" claims decided via Hong Kong (China) arbitration panel as opposed to by the US bankruptcy court. In the US, if the arbitration clause isn't enforced then the litigation against the defense/Binance side would typically be decided without a jury, by a US bankruptcy judge, even though the challenged transfers were allegedly foreign company to foreign company transfers. As such the hearing is a reminder of the many good years FTX had in Hong Kong during its successful period, and the Chinese investment money in and out of FTX, a group of companies that include Alameda entities and many offshore registered companies that are typically depicted as a single American FTX company by association with the Americans among the former FTX executives. Center of Main Interests is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Center of Main Interests at tallymindywiener.substack.com/subscribe