Three major Democratic political committees say they will return more than $1 million in political donations from Sam Bankman-Fried, after the disgraced former FTX boss was charged with violating camp...
Tag: FTX Digital Markets
Committee to represent creditors formed in FTX bankruptcy case
A committee to represent unsecured creditors and serve as the voice for most FTX customers in court was established in the U.S. bankruptcy case of FTX and its affiliated companies. The formation...
Bankman-Fried lieutenant alerted regulators to misuse of customer funds
One of Sam Bankman-Fried’s top lieutenants told Bahamian authorities that customer funds from the firm were used to plug holes in the balance sheet of his investment fund, Alameda Research. In a...
Legal fight escalates around ‘collusion’ between Bankman-Fried and Bahamian government
A federal bankruptcy judge will hear evidence about the potentially criminal movement of assets out of FTX and its affiliated companies, in what is the latest escalation of a heated legal struggle bet...
FTX Bahamas Unit Has Officially Filed for Bankruptcy
The local Bahamas arm of crypto exchange FTX has filed for bankruptcy protection in New York, following more than a hundred affiliates which applied for their own in Delaware last week. FTX Digital Ma...