A bankruptcy court judge declined to rule definitively on whether to appoint an independent examiner to the FTX bankruptcy case. The U.S. government argued that the statute called for the judge to demand such an examination, while FTX said a probe would represent a costly duplication. Baric & Associates Partner Steve Baric weighs in on the latest legal proceedings and the potential biggest hurdles for FTX’s new chief executive, John J Ray III.
3 Comments
Should get independent Bids for an Independent Examiner's fee.
I find it surprising that some crypto YouTubers heavily rely on technical analysis while neglecting the wider context of why Bitcoin is pumped or has pumped in the past, and why its future looks bright. Ignoring the fact that each ETF launch has resulted in a significant drop at the peak of Bitcoin's value adds an element of irresponsibility. Currently, the market is unstable due to its low volume and whale pumps, which puts it at risk of a long-term bear market. Instead of solely focusing on technical analysis, it would be beneficial to emphasize day trading, as it is less vulnerable to the market's unpredictable nature. I have personally made a significant profit through day trading by following the insights and charts provided by Nathan Chris. He has consistently been ahead of other market analysts.
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