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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
Alameda Seeks Return of $700M Paid to ‘Super Networkers’ for Celebrity, Political Access
23.6.2023
Sam Bankman-Fried promised billions to Michael Kives and Bryan Baum after being awed by their connections to politicians, billionaires and reality TV stars
US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried's arrest
22.6.2023
The chair of a U.S. House oversight subcommittee said all of the documents the SEC had provided on Sam Bankman-Fried's charges and arrest had been publicly available at the time
Sam Bankman-Fried's Bahamas Litigation May Take ‘Months or Years,’ His Counsel Says
13.6.2023
The FTX founder’s lawyers argue that a new Supreme Court judgment shows that he has not committed fraud
Defying SEC: Solana, Cardano, and Polygon Disagree with 'Security' Label
12.6.2023
In an ongoing battle against the Securities and Exchange Commission (SEC), Solana, Cardano, and Polygon have united forces to challenge the classification of their cryptocurrencies as securities.
This comes as lawsuits unfold against major exchanges Binance and Coinbase, these prominent projects...