2023-4-13 20:30 |
The approval of a petition in Switzerland allowing FTX Europe AG’s sale would be in accordance with U.S. bankruptcy court, where FTX’s global business filed for Chapter 11. origin »
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FTX examiner Robert J. Cleary has sought court approval to further investigate the role of law firm Sullivan & Cromwell LLP (S&C) and other matters at the defunct exchange, according to a June 10 court filing.
2024-6-11 15:50 | |
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A group of FTX investors has filed a class action suit against FTX’s primary counsel Fenwick & West LLP, court filings reveal. According to the court document, the plaintiffs are suing the law firm for contributing to the “largest financial fraud in US history” that went in on the crypto exchange and subsequently led to […]
2023-8-8 22:00 | |
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Bankrupt crypto exchange FTX filed a complaint with the court asking to retrieve $700 million from, Michael Kives, a high–profile networker approached by Sam Bankman-Fried, and a company he co-owned, K5 Global, according to a June 22 court filing.
2023-6-23 16:46 | |
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Five months after the spectacular implosion of FTX, the Bahamas-based exchange’s new legal team has a message for both the U.S. bankruptcy court and creditors alike: “The situation has been stabilized and the dumpster fire is out.”
2023-4-13 23:20 | |
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Collapsed crypto exchange FTX’s native token FTT surged more than 100% on April 12 after lawyers revealed they had recovered additional liquid assets. As of press time, FTT was trading at $2.
2023-4-12 23:14 | |
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Sam Bankman-Fried’s failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings.
2023-4-13 21:06 | |
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Bankrupt crypto exchange FTX would explore the sale of its European business. In an April 12 press statement, the bankrupt firm said the holding business for its European business, FTX Europe AG, filed a petition for a Swiss moratorium granted by a Swiss court.
2023-4-12 16:39 | |
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In February, FTX's bankruptcy proceedings totaled 32. 5 million. This excluded current CEO John J. Ray III's $305,000 payment. According to court filings between 4 - 10 April, during the moThe post FTX paid $32.
2023-4-11 15:30 | |
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Media outlets are now fitting for the revelation of FTX creditors' usernames as per a recent filing to the Delaware bankruptcy court. This comes after an earlier filing to conceal was approved.
2023-4-6 14:25 | |
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FTX founder, Sam Bankman-Fried, has agreed to new bail conditions with U.S. prosecutors that will limit his access to technology, according to court documents filed on Monday.
2023-3-28 17:45 | |
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Sam Bankman-Fried (SBF), the former CEO of FTX, has been charged with bribery in the United States The latest court filing reviewed by CryptoSlate shows United States prosecutors charged SBF with violating anti-bribery laws.
2023-3-28 17:12 | |
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The former FTX CEO is in hot waters once again, as he is facing a new 13-count indictment from authorities in the United States.
2023-3-29 16:42 | |
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Lawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers.
2023-3-25 21:24 | |
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Ten YouTube and social media promoters are facing a class action lawsuit filed by a group of investors seeking more than $1 billion in damages for the deceptive promotion of FTX. According to an objection filed on March 15 in the Miami District Court, the group claims that the popular influencers- Ben Armstrong, Graham Stephan […]
2023-3-24 18:49 | |
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FTX has submitted a motion through which it intends to sell its stake in Mysten Labs, according to a bankruptcy court filing on March 22. The post FTX plans to sell stake in Mysten Labs for $96M appeared first on CryptoSlate.
2023-3-24 00:52 | |
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FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and Sui token warrants) for $96 million through bankruptcy court.
2023-3-24 23:25 | |
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According to recent court documents, Bitboy was at the front of insults thrown to class action lawyers working on the FTX fiasco. This came after he was identified as a defendant in the case.
2023-3-22 18:23 | |
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Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.
2023-3-21 03:42 | |
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The Caribbean arm is a mere shell to further Sam Bankman-Fried’s fraud, the company alleged.
2023-3-20 13:09 | |
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Billions worth of loans and payments flowed from FTX entities to Sam Bankman-Fried and five other former executives of FTX and Alameda Research.
2023-3-16 08:50 | |
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Sam Bankman-Fried is seeking the court’s assistance in giving priority to the reimbursement of his legal fees. The post Former FTX CEO Sam Bankman-Fried seeks insurance coverage for legal expenses appeared first on CryptoSlate.
2023-3-16 05:00 | |
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FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers insurance.
2023-3-16 00:00 | |
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The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors.
2023-3-10 12:10 | |
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FTX lawyers working on the crypto exchange’s bankruptcy case billed nearly $40 million in expenses in January, according to documents filed in court. The lawyers are part of a group of legal experts hired to assist FTX in its Chapter 11 bankruptcy case, which was filed last year after the exchange faced a series of […]
2023-3-8 16:10 | |
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The FTX debtors want to “unlock” $9 billion in share value and management fees that they dispute through the Delaware Court of Chancery.
2023-3-7 00:59 | |
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The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case.
2023-3-7 00:42 | |
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An independent investigation could cost as much as $100 million, the Delaware court has previously been warned
2023-3-7 20:21 | |
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Former FTX Director of Engineering Nishad Singh pleaded guilty to criminal charges in a New York court on Tuesday.
2023-3-1 19:42 | |
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The U. S. Southern District Court of New York unsealed an indictment related to the case against the founder of crypto exchange FTX, Sam Bankman Fried (SBF). The document revealed four new charges presented against the former crypto executive.
2023-2-24 00:00 | |
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FTX's trading arm filed suit in January to recover the loan repayments made before its own bankruptcy filing.
2023-2-24 12:45 | |
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Representatives for Voyager Digital's unsecured creditors' committee have requested that former FTX CEO Sam Bankman-Fried (SBF) and several top executives from FTX and Alameda Research appear in court remotely next week for a deposition.
2023-2-21 16:54 | |
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Sam Bankman-Fried remains out on bail, but the New York judge overseeing his criminal fraud case said that could change if the former FTX CEO continues to defy the bail conditions set by the court.
2023-2-17 00:28 | |
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The liquidators said they would “commence disposals” of certain FTX Digital physical assets following approval from the Bahamas’ supreme court.
2023-2-11 00:45 | |
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The list of FTX insiders included former CEO Sam Bankman-Fried, former Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, and members of SBF’s immediate family.
2023-2-9 23:30 | |
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FTX lawyers Sullivan & Cromwell (S&C) charged the bankrupt exchange $7. 5 million for its work between November 12 till November 30, 2022, according to a February 7 court filing. The post FTX lawyers S&C file $7.
2023-2-8 17:50 | |
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New court documents filed on February 6 by a law firm representing high-ranking executives from Voyager Digital seek to subpoena records from top Alameda and FTX executives in a legal tit-for-tat over Voyager’s bankruptcy in July 2022.
2023-2-8 02:16 | |
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United States prosecutors have asked that the fraud cases against FTX founder Sam Bankman-Fried not proceed until the conclusion of the government’s criminal case against him, according to court documents.
2023-2-8 01:16 | |
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Crypto-friendly Signature Bank has been drawn into a class-action lawsuit over its role in the operations of the defunct crypto exchange FTX, according to a February 6 court filing. The post Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds appeared first on CryptoSlate.
2023-2-7 16:22 | |
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Signature "knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet," according to a court filing.
2023-2-7 14:41 | |
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Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX’s.
2023-2-6 00:45 | |
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Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX's.
2023-2-4 00:45 | |
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Bankman-Fried’s current bail conditions bar contact with current or former employees of FTX and Alameda Research, something that the disgraced founder is alleged to be doing.
2023-2-3 06:38 | |
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Federal judge Lewis Kaplan has imposed communication restrictions on former FTX CEO Sam Bankman-Fried, as seen in a February 1 court filing. The post SBF restricted from using Signal, communicating with FTX employees appeared first on CryptoSlate.
2023-2-2 00:35 | |
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FTX’s debtors and impacted parties are requesting the court to subpoena Sam Bankman-Fried's inner circle to turn over records and information for ongoing investigations.
2023-2-1 21:49 | |
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On Jan. 28, 2023, John J. Ray III, the current FTX CEO, who led the investigations team, revealed the SBF's family involvement with the FTX bankruptcy case.
2023-2-1 21:26 | |
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FTX and affected parties have requested court subpoenas to force Sam Bankman-Fried’s closest advisers to provide documents and information for ongoing investigations.
2023-2-2 16:35 | |
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FTX Group released an interim financial update showing the company held $1. 43 billion in cash at the end of 2022 — higher than the $1. 24 billion reported on November 20, 2022, according to a court filing.
2023-2-1 15:30 | |
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FTX former CEO Sam Bankman-Fried was released on a record $250 million bail paid by his parents and some mysterious individuals whose identities will be revealed by the court in February. Let’s examine how his bail compares to other infamous…
2023-1-31 16:19 | |
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Alameda recently filed a case against Voyager for retrieval of $445 million or more it gave to the crypto lender as loan repayments. The case will go up in the US bankruptcy court for the District of Delaware. FTX’s lawyers…
2023-1-31 14:17 | |
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The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month.
Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening.
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter.
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed.
Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.