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FTX

FTX Files Lawsuit Against Former Employees for Alleged Asset Misappropriation

The block reports that, bankrupt cryptocurrency exchange FTX has taken legal action against former employees of its Hong Kong affiliate, Salameda, for the alleged preferential or fraudulent transfer of assets,...
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Crypto Exchange FTX Files Lawsuit Against Founder’s Parents, Alleging Misappropriation of Customer Funds

Reuters reports that, FTX, the beleaguered cryptocurrency exchange, has taken legal action against the parents of its founder, Sam Bankman-Fried. The lawsuit, filed on Monday, accuses Stanford professors Joseph Bankman...
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High-Profile Figures Settle Lawsuit Over FTX Promotion

In a recent report by cryptonews, three prominent figures, NFL quarterback Trevor Lawrence and renowned YouTubers Kevin Paffrath and Tom Nash, have opted to settle a lawsuit pertaining to their...
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FTX Users Granted Opportunity to Reclaim Lost Funds

In a significant development for the cryptocurrency community, FTX users who lost funds in the exchange’s November 2022 bankruptcy now have a chance to recover a portion of their investments....
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Former FTX executive Ryan Salame has entered a plea of guilty to criminal campaign finance violation charges in a Manhattan court, Thursday. This development comes in the wake of an...
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Robinhood Successfully Completes $606 Million Share Buyback from FTX Founder Sam Bankman-Fried

In a significant development, Robinhood has concluded a successful buyback of $606 million worth of shares that were previously in the possession of FTX founder Sam Bankman-Fried. The completion of...
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FTX Reaches $175 Million Settlement with Genesis in Wake of Crypto Exchange’s Collapse

In a significant development amidst the aftermath of the cryptocurrency market turmoil, bankrupt crypto exchange FTX has successfully negotiated a $175 million settlement with the collapsed crypto lender, Genesis. This...
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FTX CEO Bankman-Fried’s Dystopian Schemes Revealed in New Lawsuit Against FTX Foundation

In a shocking new revelation, a lawsuit filed against disgraced FTX CEO Bankman-Fried has exposed the bizarre and dystopian schemes pursued by FTX’s nonprofit arm, the FTX Foundation. The documents...
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Bankrupt Crypto Exchange FTX Temporarily Halts $500 Million Sale of Anthropic Stake Amidst Bankruptcy Proceedings

FTX’s Sale of $500 Million Stake in AI Startup Anthropic Paused Amid Bankruptcy Proceedings FTX, the crypto exchange facing bankruptcy, has temporarily halted the sale of its highly sought-after $500...
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FTX Wind-Up: A Costly Endeavor in the Unregulated Crypto World

The wind-up of the crypto exchange FTX is shaping up to be an extraordinarily expensive affair, according to a recent filing by a court-appointed examiner. Katherine Stadler, a bankruptcy attorney...
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