Delaware Regional bankruptcy Court Judge Robert Dorsey ruled against a resolution appointing a separate FTX inspector.

At the hearing on February 15th, Judge Dorsey stated that under the law, he had certain administrative law enforcement procedures to choose whether to appoint an examiner in the FTX bankruptcy case, although some defendants reached the threshold of liability, resulting in asset damage. According to the judge, the appointment of an inspector would put "unnecessary pressure" on FTX's creditors and creditors because of additional fees.

"there is no doubt that if an inspector is appointed here, taking into account the scope proposed by the client at the hearing, the inspection fee is expected to exceed tens of millions of dollars and is likely to exceed 100 million dollars," Dorsey said. "given the facts and circumstances of a very unique case, I have no doubt that appointing an inspector is not in the best interests of creditors."

The judge added:

"in various cases, every dollar spent on administrative costs is reduced by one dollar for creditors."

He mentioned the experience of CEO Robert Ray recycling other embarrassing companies, and after the collapse of his ex-boyfriend's leadership, he decided to appoint four executive directors to supervise the vertical well, which seriously endangered FTX-some of them, including former CEO Rob Bankman-Fried, have been sued in federal court. Judge Dorsey ruled that Ray was "completely different from previous management and appointed leading cadres".

Dorsey's ruling was supposed to be a response to a resolution put forward by Andrew Vara, the US trustee, on December 1st, a form of fabricating lies that the censors "undoubtedly serve the interests of the borrower's creditors". He added that an independent investigation could investigate whether mobile software was suspected of being used to cover the misuse of FTX customers' funds and that the company lacked proper record storage.

Since the company filed for bankruptcy protection in November 2022, the bankruptcy liquidation process of FTX has been in full swing. The borrowers in the case recently filed documents saying that they had sent court subpoenas to FTX insiders, including Bankman-Fry, instructing the former management to produce some documents and information.