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b'News emerged this week that the U.S. Internal Revenue Service (IRS) placed $44 billion in claims on the FTX bankruptcy estate. Now creditors of the defunct crypto exchange are worried that the taxman is going to gobble up funds that would otherwise be used to make users partially whole. Wassielawyer, a lawyer specializing in restructuring and insolvency, joins the show to explain what\\u2019s going on, how that huge number is even possible, and why the so-called \\u201ctrust argument\\u201d is not going to be the silver bullet that some FTX customers are dreaming of.\\n\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\\nShow highlights:\\n\\nwhether the numbers of the IRS claim are even correct\\n\\nhow these claims may affect all customers and unsecured creditors of FTX\\n\\nwhether FTX CEO John Ray will fight the claims\\xa0\\n\\nwhat the trust argument is and how it could potentially save (or not) FTX\\u2019s creditors\\n\\nin what currency the investments made by creditors would be returned\\n\\nwhy the Three Arrows Capital case differs from FTX and Mt. Gox\\n\\nwhy what FTX allegedly did is similar, but different, from what Celsius or Voyager did\\n\\nThank you to our sponsors!\\n\\nCrypto.com\\n\\n\\nRailgun DAO\\xa0\\n\\nStader Labs\\n\\nGuest\\nWassielawyer, a lawyer specializing in restructuring and insolvency\\nPrevious appearances on Unchained:\\xa0\\n\\nDid the Bahamian Government Direct SBF and Gary Wang to Hack\\n\\nWhy the Messy 3AC, Celsius, and Voyager Bankruptcies Will Drag on for Years\\xa0\\n\\nThree Crypto Bankruptcies: 3AC, Celsius and Voyager. What Happens Now?\\n\\nLinks\\n\\nCoinDesk: U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy\\n\\n\\nMeatTC\\u2019s Twitter thread\\n\\nWassie\\u2019s Twitter thread\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'