Welcome to The Brink. It’s Lucca de Paoli in London, where I looked at the next hurdles faced by FTX’s creditors. We also have news on Pemex, Country Garden and iHeartMedia. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net or DM on X to @manySundays.
Not That Simple
Buying up FTX claims in the aftermath of the exchange’s collapse looks set to be one of the all-time great distressed trades. But as with many things involving crypto, it may not be simple to turn these wins into dollars in a bank account.
Earlier this …