Getting funds out of FTX could take years or even decades: Lawyers

Cointelegraph

Published Nov 20, 2022 06:53PM ET

Updated Nov 20, 2022 08:40PM ET

While investors are eager to know when they will be able to get their funds back from the now-bankrupt crypto exchange FTX, insolvency lawyers warn it could take “decades.”

The crypto exchange, along with 130 affiliates filed for Chapter 11 bankruptcy protection in the United States on Nov. 11.

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