Multiple U.S. states jointly request a federal bankruptcy judge to appoint FTX as the third-party financial examiner.

Officials from multiple U.S. states have jointly introduced a resolution calling for a third-party FTX financial examiner to be appointed by a federal bankruptcy judge to increase transparency of FTX assets. The resolution is led by the Texas State Securities Board, with regulatory agencies from Alaska, Arkansas, California, Florida, Hawaii, Idaho, Illinois, Kentucky, Maine, Maryland, New Hampshire, New Jersey, North Carolina, Oklahoma, Tennessee, and Washington, D.C. also joining in.

Officials from multiple states in the United States have jointly proposed a resolution requesting a federal bankruptcy judge to appoint a third-party financial examiner for FTX to increase transparency in the collapse of FTX assets. The motion is led by the Texas State Securities Board, with regulatory agencies from Alaska, Arkansas, California, Florida, Hawaii, Idaho, Illinois, Kentucky, Maine, Maryland, New Hampshire, New Jersey, North Carolina, Oklahoma, Tennessee, and the District of Columbia also joining.

They stated that "the lack of transparency regarding the debtor's financial condition and assets, along with ongoing regulatory investigations, makes it not only appropriate but also in the best interest of creditors and mandatory to appoint an examiner to provide specific guidance on their responsibilities."

If the court ultimately appoints an examiner, the examiner will provide a detailed report to the court on the financial condition of FTX, Alameda, and most other FTX subsidiaries globally, rather than the court relying solely on the current leadership of FTX and hired attorneys for liquidation.

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