Kleinberg Kaplan’s Dov Kleiner quoted in The Wall Street Journal on FTX’s legal pursuit to recover billions post-bankruptcy
Firm News | January 4, 2024 | Creditors’ Rights and Bankruptcy Litigation | Digital Assets and Cryptocurrency
Kleinberg Kaplan partner Dov Kleiner was quoted in an article in The Wall Street Journal titled, “FTX Says It Is Owed Billions. It Has Filed About a Dozen Lawsuits to Realize Its Claims.” The article covers FTX’s bankruptcy saga, with their massive effort to retrieve $16.6 billion through a series of 10 lawsuits.
In the article, Dov points out the long road ahead in the LayerZero case, stating, “The mediation won’t really get underway until February or March, and, if it ever goes to trial, that would be sometime in 2025.” This highlights not just the scale of the FTX case, but also the extended and intricate nature of high-profile bankruptcy cases in the rapidly evolving cryptocurrency space.
To read the full article in The Wall Street Journal, please click here. Please note that The Wall Street Journal requires a paid subscription to access their content.