[mikeyouse]

It's very common for investment firms and other tax-dodging entities, very uncommon for the everyday wealthy person. Much of the privacy benefit to Caymen shell corps is readily available in Delaware or e.g. Montana, so only more exotic tax schemes require international companies.

[ac29]

> Much of the privacy benefit to Caymen shell corps is readily available in Delaware or e.g. Montana, so only more exotic tax schemes require international companies.

FTX.com was unavailable to US persons or companies, so being legally based in Delaware/Montana/etc wouldnt have helped.