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Faraday Future founder’s bankruptcy spiked a potential deal in the Middle East

The Verge

But the wealth fund retracted the invite shortly after Faraday Future founder Jia Yueting filed for bankruptcy to resolve billions of dollars of personal debt , according to a previously unreported transcript of one of the Chinese tycoon’s Chapter 11 proceedings. “We The bankruptcy process has helped clarify Jia’s tangled business interests.

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