Credit/Macro/Crypto Analyst, Former Credit/MA PM

Rose Choy

I have 20 years experience in credit and global macro both sell side (banking and trading) and buy side. Most recently managed multi asset and fixed income strategies. Crypto is my latest focus given huge inefficiencies and lack of quality research and insight. My crypto research will be through a trad-fi lens but with intimate knowledge in the crypto trading ecosystem.

An Arbitrage Opportunity? Evaluating the GBTC Convergence Trade

No Worry, DCG, Genesis, and Grayscale Won’t Cause Another Crash in the Crypto Market

Crypto Lending Series #3: Light at the End of the Tunnel?

#40 The Contagion Vectors of the FTX debacle

FTT/FTX- Another Inflection Point in the Crypto Market Waiting to Happen?

Crypto Lending Series (#2) Clearpool - A Bright Spot Emerging from the Rubble

Crypto

<ul>
<li>FTX filed for bankruptcy on 11/11 after halting client withdrawals in the previous week, despite SBF (the ex-CEO) tweeting 2 days prior that it had $1 bn of excess cash.</li>
<li>With over 130 affiliates included in the filing and no first day documents in the Delaware Court, the bankruptcy filing seems disorderly. The fallout is far-reaching in the industry.</li>
<li>As we await the top 50 creditor list and more details, we have compiled a hit list of some of the major affected players in the industry. </li>
</ul>


FTX filed for bankruptcy on 11/11 after halting client withdrawals in the previous week, despite SBF (the ex-CEO) tweeting 2 days prior that it had $1 bn of excess cash.
With over 130 affiliates included in the filing and no first day documents in the Delaware Court, the bankruptcy filing seems disorderly. The fallout is far-reaching in the industry.
As we await the top 50 creditor list and more details, we have compiled a hit list of some of the major affected players in the industry. 


FTX Token

FTX Fallout - A Quick Update