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FTX Plans to Restart Crypto Exchange for International Customers
1.8.2023
Proposed re-organization plan provides a pathway for a specific class of debtors to pool assets to create a new, offshore exchange
Sam Bankman-Fried's legal team turns over docs related to NYT story, requests they be sealed
28.7.2023
Lawyers claimed there was a "need to avoid" the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter which led to a story on Caroline Ellison
FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial
27.7.2023
Sam Bankman-Fried, the founder of now-defunct cryptocurrency exchange FTX, is facing tightened bail conditions and the possibility of jail time as he awaits trial over the collapse of his exchange.
At a recent hearing, US District Judge Lewis Kaplan imposed a "gag order" on Bankman-Fried...
Sam Bankman-Fried's Family Under Scrutiny: Court Filings Reveal Alarming Behavior
25.7.2023
Recent court revelations surrounding Sam Bankman-Fried's family have exposed a web of deceit.
One such revelation concerned Samuel Bankman, Bankman-Fried's father, who has been using the $10 million gifted to him by his son, which was allegedly looted from FTX customers, to pay for his legal...
FTX Lawsuit Reveals Alleged Plan to Use Island as Doomsday Bunker
24.7.2023
A newly filed lawsuit has alleged that the FTX Foundation planned to use the island nation of Nauru as a safe refuge for effective altruists for “some event where 50% - 99.99% of people die.”
According to the lawsuit, filed by FTX’s current management, the plan to use the island as a giant...
FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case
24.7.2023
Lawyers representing SBF have agreed to a gag order preventing him from making comments that could sway his criminal trial but says it should apply to other witnesses too
FTX Launches Lawsuit Against Ex-Executives, Including Sam Bankman-Fried, to Reclaim $1 Billion
21.7.2023
Now-defunct cryptocurrency exchange FTX has filed a complaint against former CEO Sam Bankman-Fried and other key executives to retrieve more than $1 billion in allegedly misappropriated funds.
The lawsuit, filed by FTX under the direction of an executive team led by restructuring expert John...
Sam Bankman-Fried and FTX Get Spoofed in New Animated Comedy Starring T.J. Miller
20.7.2023
An upstart Web3 studio satirizes the FTX saga in a new “interactive” series called "FORTUN3," debuting this fall
Sam Bankman-Fried wants 'close friends' to visit without a security pat down
14.7.2023
Under bail conditions, only Sam Bankman-Fried’s lawyers are exempt from security checks, now they've asked if this can be extended to “close friends."
FTX Bankruptcy Case: Lawyers Seek $323.5 Million Recovery from FTX Europe Leadership
13.7.2023
FTX lawyers have filed a court motion seeking the recovery of $323.5 million from the leadership of FTX Europe, which includes Patrick Gruhn, Robin Matzke, Brandon Williams, and Lorem Ipsum UG.
According to court filings submitted on Wednesday, the lawyers allege that the FTX Europe leadership...
Court: FTX spent $400 million on the acquisition of its European branch
13.7.2023
The goal behind an overpriced buyout of the Swiss company was to get a proper European license
New Report: FTX Abandoned the Deal with Taylor Swift, Not the Other Way Around
7.7.2023
Now-defunct cryptocurrency exchange FTX pulled out of the planned deal with Taylor Swift, not the other way around.
According to sources cited by The New York Times, Swift signed a proposed tour sponsorship agreement with FTX in the spring of 2022, following six months of negotiations.
The deal...
How Much Is Too Much to Spend on FTX's Bankruptcy?
30.6.2023
Are Sam Bankman-Fried’s victims being ripped off a second time?
FTX Files Lawsuit Against Ex-Compliance Chief Friedberg Over Alleged 'Hush Money' Payments
29.6.2023
Defunct crypto exchange FTX’s lawyers are suing the company’s former compliance chief officer Daniel Friedberg for paying off insiders who threatened to reveal the exchange's illegal activities.
The lawsuit alleges that the former compliance chief served as a "fixer," paying "exorbitant hush...
Crypto Exchange FTX Puts a Pause on Anthropic Stake Sale
28.6.2023
Bankrupt crypto exchange FTX has put a pause on the sale of its stake in the AI startup Anthropic.
The boutique investment bank that acts as an adviser to FTX, Perella Weinberg Partners, informed bidders this month about the abrupt halt in the sale of the exchange’s stake in Antropic, Bloomberg...
Under New Leadership, FTX Recoups $7 Billion Amid Recovery Efforts
27.6.2023
The new leadership team at FTX has recouped approximately $7 billion in liquid assets as the exchange continues recovery efforts.
The company has revealed that it has made “substantial progress” in securing assets, recovering as much as $7 billion in liquid assets so far.
The exchange owed...
Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’
27.6.2023
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024
The Second FTX Asset Recovery Report Is Packed With Bombshells
27.6.2023
New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy
Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
23.6.2023
The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification
Sam Bankman-Fried Can't Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
23.6.2023
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was "at the core" of the government's criminal allegations against him