FTX officially released a note on some entities not included in the Chapter 11 Act. FTX announced that FTXUS, Alameda Research, and approximately 135 additional affiliates have voluntarily opened a process under Chapter 11 bankruptcy proceedings to review and monetize all stakeholder interests.
In a press release issued earlier today, it was noted that certain subsidiaries were excluded from the Chapter 11 proceedings, including LedgerX, FTX Digital Markets, FTX AustraliaPty, and FTX Express Pay.
In addition, the following entities are excluded from the Chapter 11 proceedings, namely FTX Capital Markets, Embed Financial Technologies and Embed Clearing.
In addition, FTX Group does not include companies that are not owned or controlled by FTX Group, such as Bitvo Inc. and BTC Africa SA. and their respective subsidiaries.
