💥SBF'd💥

FTX is one colossal hot mess. Plus: an XClaim Update.

Source: Getty Images. Peace out FTX arena. Can’t wait to see what happens to LoanDepot Park in Miami once this cycle is over.

When a company files for chapter 11 bankruptcy, it files a petition with a bankruptcy court that has, under one of various justifications, jurisdiction. Y’all have likely been reading PETITION long enough by now to know that usua…