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The judge rejected FTX lawyers' motion to delay the bankruptcy proceedings

2023-11-16 08:26:22
Collection

ChainCatcher news, according to The Block, FTX's lawyer Lawrence Gebhardt requested the Delaware court to postpone the bankruptcy proceedings "for one to two months" to determine the reasons for FTX's bankruptcy. He stated that key parties in the case are located around the world, such as FTX's former lawyer Dan Friedberg, who is currently in Washington, another former lawyer Can Sun in the Bahamas, and SBF in prison, so the investigation of the case will "incur significant costs and require extensive travel."

However, Judge John Dorsey denied the motion, stating that there is no need to delay the bankruptcy proceedings. "If the investigation is as complicated as stated, it should start immediately, not be postponed."

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