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FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ

[Nov 11 9:04 AM] The FTX estate argued that Sam Bankman-Fried’s $1.75 billion repurchase deal with Binance in July 2021 was a fraudulent transfer because of FTX’s insolvency.

FTX settles lawsuit against the Bybit exchange for $228 million

[Oct 27 5:03 PM] The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices.

Crypto Companies paid $19B in Settlements to US Regulators in 2024

[Oct 13 2:26 AM] Since 2019, US regulators have collected a total of $31.92 billion in settlements from 25 crypto companies across various lawsuits. 

FTX investors end lawsuit targeting Sullivan & Cromwell

[Oct 10 8:15 AM] The Moskowitz Law Firm, the lead plaintiffs’ counsel, said that it had dismissed Sullivan & Cromwell voluntarily and that no settlement was associated with the dismissal.  

FTX And IRS Lock Horns Over $24 Billion Tax Bill, FTT’s Key Support Wavers

[Dec 12, 2023 7:00 PM] In a striking turn of events, the Internal Revenue Service (IRS) in the United States has presented a staggering tax bill of $24 billion against the bankrupt cryptocurrency exchange FTX.  FTX Challenges IRS’s $24 Billion Tax Bill According to…

FTX Ramps Up Restitution Efforts, Subpoenas AI Firm CAIS Over $6.5M Investment

[Oct 26, 2023 1:00 PM] Bankrupt crypto exchange FTX, led by newly appointed CEO John Ray III, has embarked on an intensive legal campaign to regain control and recover assets in its pursuit of financial restitution.  As founder Sam Bankman-Fried awaits possible…

BlockFi CEO’s Key Testimony: Insights Into Alameda’s Financial Stability In FTX Trial

[Oct 13, 2023 8:00 PM] The trial against FTX co-founder Sam Bankman-Fried took an intriguing turn as Zac Prince, the CEO of defunct crypto lender BlockFi, provided testimony in a Manhattan federal courtroom.  Prince’s appearance provided valuable insights into the…

Alameda Research Accused Of Bribing Chinese Officials To Recover $1 Billion In Exchange Accounts

[Oct 11, 2023 7:00 PM] During the trial of Sam Bankman-Fried, the founder of crypto exchange FTX, shocking revelations emerged from the testimony of former Alameda Research CEO Caroline Ellison.  According to a TechCrunch report, Ellison testified that the crypto trading…

Sam Bankman-Fried Trial: A Colossal Legal Showdown Starts Next Week

[Sep 29, 2023 10:00 PM] A calendar has been set for the upcoming trial of United States v. Bankman-Fried, with jury selection beginning October 3, 2023. The FTX founder, Sam Bankman-Fried, was denied temporary release from prison but will be allowed to use an…

Court Filing Suggests FTX’s $2 Billion Lawsuit Against Genesis Is Coming To An End

[Jul 29, 2023 2:00 PM] The legal tussle between bankrupt crypto exchange FTX and crypto lender Genesis seems to be coming to a resolution, a recent court filing reveals. According to the letter filed yesterday at the US bankruptcy court for the Southern District of New…

FTX sues Dan Friedberg, alleging he used ‘hush money’ to silence whistleblowers

[Jun 27, 2023 8:21 PM] The lawsuit claims the former compliance officer paid whistleblowers to stop them from exposing the “true fraudulent nature” of the exchange.

Judge mulls removing Shaq and Naomi Osaka from FTX lawsuits

[Mar 10, 2023 3:38 AM] The plaintiffs have until December to show cause as to why the two sports stars should not be dismissed from the lawsuit.

Judge refuses to consolidate class-action lawsuits against FTX

[Mar 9, 2023 2:42 AM] A U.S. judge denied the request to consolidate, saying that the defendants had not had the opportunity to respond.

Sam Bankman-Fried, FTX, Alameda Were Accused of Conspiracy, Racketeering, and Market Manipulation 3 Years Before FTX Collapsed

[Nov 17, 2022 9:30 AM] Amid the latest bankruptcy case filed by FTX Trading Ltd., U.S. regulators want to crack down on crypto exchanges, and a class action lawsuit has been issued against former FTX CEO Sam Bankman-Fried (SBF) and 12 celebrities. However, this is not…