Financial Distress & Control - A distressed-debt fund is taking control of one of the largest malls in America [1] - The move wiped out some creditors [1] - Holders of bonds once rated AAA are facing steep losses [1] Industry Impact - The situation highlights potential risks in the commercial real estate sector [1] - Distressed-debt funds are actively seeking opportunities in struggling assets [1]

RT CoinDesk Podcast Network (@CoinDeskPodcast)NEW @BTCSZN2 "Bankruptcy can't just be right. It has to seem right. And I think this is really a case where it didn't seem right", in partnership with @blockspacepod!Feat: @jonathanrjones & @sophbridgesWe discuss:⚡ Creditors repaid at market low valuations⚡ $1 billion in bankruptcy fees⚡ Hundreds of thousands of creditors (unique)👇🇨🇦⤵️ 🍕 ...

Thames Water's creditors need to cede ground now to pave the way for a bigger payback in future, argues @hughes_chris (via @opinion) https://t.co/NMddO3qqS5 ...

FTX TO DISTRIBUTE $1.6B TO CREDITORS TODAYThe FTX Estate will begin making creditor distributions of approximately $1.6B of cash and/or stablecoins today through Bitgo, Kraken and Payoneer, with creditors receiving the funds over the next three days. https://t.co/4fDKgLv9wU ...

JUST IN: FTX Recovery Trust will send $1.6 billion in stables to creditors today at 8 PM ESTThey will distribute a total of $16.5 billion. https://t.co/WCuIYa5oVU ...

🚨 REMINDER: FTX will return $1.6 billion to creditors on September 30. https://t.co/Mf6u3KYu5M ...

⚡ INSIGHT: $16.5B is still earmarked for FTX creditors. https://t.co/3QcSm8EPwH ...

FTX to pay out additional $1.6 billion to creditors in third distribution https://t.co/iRwz2s7UOn ...

In the wake of the sudden collapse of subprime auto lender Tricolor Holdings, creditors across the US are scrambling to stake their claim on the company’s remaining assets and contain their losses https://t.co/UHgbpVqhXd ...

Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions https://t.co/pkpAyHlFcX ...