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the collapse of cryptocurrency exchange FTX has rattled the crypto world and set off a scramble to find billions of missing dollars and to make things even more complicated cryptocurrency exchanges are so new the bankruptcy courts havent yet had to sort out complex legal questions surrounding their collapse so here are three things to know about ftxs bankruptcy case first theres a growing jurisdiction battle over where bankruptcy proceedings should take place the U.S or the Bahamas on November 11th the day that FTX founder Sam bankman freed resigned FTX and more than 130 corporate Affiliates filed for chapter 11 bankruptcy in Delaware but the Bahamas government appears to be challenging that venue on November 15th a Bahamas court-appointed Liquidator filed for chapter 15 bankruptcy in New York on behalf of FTX digital markets and he essentially asked to move some of the legal proceedings to the Bahamas he argued that the Bahamas has jurisdiction over FTX digital and other entities t