FTX U.S. Attorney Accuses SBF Tweet of Suspected Avoidance of U.S. Courts, Seeks to Consolidate Bankruptcy Case in Delaware

According to Bloomberg, FTX’s U.S. attorney accused SBF of “constantly making damaging remarks on Twitter” in a court filing, appearing to be avoiding U.S. courts in favor of the Bahamas, expanding the scope of FTX’s lawsuit in the Bahamas and moving assets from the U.S. Control of the courts was transferred to accounts controlled by the Bahamian government. FTX is currently controlled by John J. Ray III, a restructuring attorney who took over the liquidation of Enron. He asked a federal judge in Wilmington, Delaware, to transfer to Delaware a competing bankruptcy case brought by Bahamas liquidators in New York that would consolidate all of FTX's U.S.-based bankruptcy proceedings into one court. Delaware judges are also asked to prevent all and all government entities from taking action in any court around the world to seize assets or collect money from this FTX.