IN RE: FTX TRADING LTD., et al., Debtors
Andrew R. Vara, US Trustee for Region 3, Appellant.
United States Court of Appeals, Third Circuit.https://leagle.com/images/logo.png
Argued: November 8, 2023.
Filed: January 19, 2024.
Attorney(s) appearing for the Case
Anna O. Mohan , Brian J. Springer [ARGUED], United States Department of Justice, Civil Division, Appellate Staff, Room 7533, 950 Pennsylvania Avenue NW, Washington, DC 20530, Counsel for Plaintiff-Appellant.
Jonathan C. Lipson [ARGUED], Temple University, Beasley School of Law, 1719 North Broad Street, Philadelphia, PA 19122, Counsel for Amicus Appellant.
Irv Ackelsberg, John J. Grogan, David A. Nagdeman, Langer Grogan & Diver, 1717 Arch Street, Suite 4020, The Bell Atlantic Tower, Philadelphia, PA 19103, Counsel for Amicus Appellant.
Adam G. Landis , Matthew R. Pierce , Landis Rath & Cobb, 919 Market Street, Suite 1800, P.O. Box 2087, Wilmington, DE 19801, Counsel for Debtor-Appellee.
Matthew B. Lunn , Robert F. Poppiti, Jr. , Young Conaway Stargatt & Taylor, 1000 N. King Street, Rodney Square, Wilmington, DE 19801, Counsel for Defendant-Appellee.
Before: RESTREPO, BIBAS and SCIRICA, Circuit Judges.
OPINION OF THE COURT
RESTREPO, Circuit Judge.
Sometimes highly complex cases give rise to straightforward issues on appeal. Such is the case here. Multi-billion-dollar company FTX Trading Ltd. ("FTX") filed for bankruptcy after a sudden and unprecedented collapse that sent shockwaves through the cryptocurrency industry. The issue before...
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