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Hosted on MSN12mon
FTX wins Voyager Digital auction bid for $1.4 billion
Bankrupt crypto lender Voyager announced that crypto exchange FTX through its U.S. subsidiary (FTX US) has made the winning bid for its assets. The bid in the two-week auction process came in at $ ...
Futurism10mon
Behind the Lawsuit Against Celebs Who Shilled FTX Before Its Spectacular Meltdown
Like the now-also-defunct Voyager Digital's Earn Program, FTX accounts were yield-bearing, promising its investors high returns for their investments — so, basically, the markings of a security ...
CoinDesk
5d
FTX Bankruptcy Estate Sues Sam Bankman-Fried’s Parents, Joseph and Barbara, to Claw Back ‘Misappropriated Funds'
The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment ...
CoinDesk
2d
FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
In the run-up to FTX's bankruptcy filing, known as the Preference Period, the defendants received the benefit of withdrawals ...
TheStreet.com9mon
FTX, Luna, Celsius, Voyager: The Year of Crypto Bankruptcies
Celsius and Voyager filed for Chapter 11 bankruptcy ... This opacity created another situation that would cause the overnight implosion of FTX a few months later. This past summer, the FTX ...
2don MSN
FTX CEO’s Asset Recovery Efforts Accelerate Before Sam Bankman-Fried Trial
FTX Chief Executive and Restructuring Officer John J. Ray, whose team is overseeing a mammoth asset recovery task after the ...
The New York Times20d
A $700 Million Bonanza for the Winners of Crypto’s Collapse: Lawyers
Kirkland & Ellis is managing the Celsius, Genesis and Voyager bankruptcies, while Alvarez & Marsal, a turnaround management firm, has charged more than $125 million for its work on FTX ...
CoinTelegraph15d
FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy
Bankrupt crypto exchange FTX has filed a lawsuit against cross-chain protocol LayerZero Labs, seeking to recover $21 million in funds that were allegedly illegally withdrawn prior to FTX’s ...
Courthouse News Service10mon
FTX customers sue bankrupt crypto company, allege racketeering
The burnt customers say FTX founders used their money as a "slush fund" for their ... Pierce plans to form a class action of other depositors to sue the company for damages. After the company's sudden ...
Portland Press Herald1mon
FTX sues Sam Bankman-Fried’s parents, says they enriched themselves with company funds
DOVER, Del. — Lawyers for FTX Trading have filed a lawsuit accusing the parents of its founder Sam Bankman-Fried of exploiting their influence over their son to siphon millions of dollars from ...
Bitcoin Magazine6mon
FTX Debtors Sue Grayscale Investments And Its Executives
Alameda Research Ltd., the hedge fund belonging to disgraced ex-billionaire Sam Bankman-Fried, is suing Grayscale Investments, LLC, its CEO, Michael Sonnenshein, and its owners, Digital Currency Group ...
5d
FTX sues Sam Bankman-Fried's parents to claw back funds
Although Bankman-Fried has claimed that his parents "weren't involved in any of the relevant parts" of the business, the FTX ...

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