Bahamas liquidators of FTX Group’s ‘manager and operator’ apply for Chapter 15 recognition in New York

The liquidators of Bahamas-based FTX Digital Markets Ltd. – described as as the “manager and operator” of the FTX Group – have applied for Chapter 15 bankruptcy recognition in New York as they begin the process of gathering evidence and recovering assets for the crypto exchange group’s creditors, who were estimated at “more than one million” by the group’s management in Chapter 11 filings in Delaware last week that the liquidators claim were unauthorized.