Sam Bankman-Fried's holding company files for bankruptcy

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Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX's.

Source: Cointelegraph.com News

#Business, #Bankruptcy, #EmergentFidelityTechnologies, #SamBankmanfried, #UnitedStates