Tag: Sam Bankman-Fried

FTX and Genesis Unite to Resolve Bankruptcy Dispute

FTX and Genesis Unite to Resolve Bankruptcy Dispute

After months of contentious bankruptcy proceedings, embattled cryptocurrency firms FTX and Genesis Global Capital are on the verge of a settlement.  Recent court filings indicate that the two parties, embroiled in a dispute worth billions of dollars, have achieved a

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FTX's $1B Fraud Lawsuit Targets Ex-CEO and Executives

FTX’s $1B Fraud Lawsuit Targets Ex-CEO and Executives

Cryptocurrency platform FTX Trading is pressing charges against its founder, Sam Bankman-Fried, and several former executives in a lawsuit claiming over $1 billion in misappropriation.  Delaware’s bankruptcy court complaint stated that the allegedly misused funds led to the company’s bankruptcy.

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