“The FTX Bankruptcy Statute of Limitations Has Expired” by Molly
The deadline for FTX to file clawback claims against grantees was November 2024. The bankruptcy estate could have filed a plan to extend the two-year statute of limitations, but it appears that they did not do so. Any recipient of FTX or FTX FF funding who has not had a complaint filed against them in bankruptcy court, and who has not signed a tolling agreement with the bankruptcy estate, should be safe from clawback actions going forward. I encourage you to check with counsel about individual situations.[1] A demand letter is not a court action, and negotiations in response to a demand letter would not toll the statute of limitations. As always, before you comment in response to this post, I would urge you to assume that lawyers for the FTX Group will see your comments. ^ [...] The original text contained 2 footnotes which were omitted from this narration. --- First published: January 3rd, 2025 Source: https://forum.effectivealtruism.org/posts/vCSLfG3fjciXHQgnb/the-ftx-bankruptcy-statute-of-limitations-has-expired --- Narrated by TYPE III AUDIO.