On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them.
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FTX has recovered $7B in assets so far, has almost $2B to go to cover misappropriations
Tracing funds is highly challenging, according to the FTX Debtors’ second interim report, and there is no doubt that that was by design.
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FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme
According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700
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FTX seeks to claw $700M from Bankman Fried friends and affiliated funds
After a Hollywood dinner party, hundreds of millions of dollars of “avoidable” transfers were sent from Alameda to investment firm K5 Global, the suit alleges.
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US Judge Considers if Crashed Coins of Terraform Labs Were Securities
A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder,
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Crypto Exchange Thodex Founder Denies Fraud Charges in Turkey
The founder of failed cryptocurrency exchange Thodex has denied all fraud-related allegations in a Turkish court. The crypto entrepreneur was handed over to Turkey by
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