Want to create an interactive transcript for this episode?
Podcast: Unchained
Episode: How the Top One-Third of FTX Creditors Are Boosting the Payouts for Everyone Else
Description: Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.Thomas Braziel, managing partner at 117 Partners, dives into the draft FTX bankruptcy plan, which was praised for paying out at more than 100% in dollar terms, but has a number of intricacies that are drawing criticisms from creditors—including a group that is urging creditors to vote not. The episode delves into the nuances of the proposed payout, explaining how the estate was able to pay back more than 100% than the...