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FTX, which was at one time the darling of the digital currency world, is suing fellow crypto exchange boss Changpeng “CZ” Zhao, the Binance founder ... filed in Delaware bankruptcy court ...
The lawsuit against Binance and Zhao could mark a significant step in FTX’s ongoing bankruptcy recovery efforts. With over 20 lawsuits filed against former partners, FTX’s estate is seeking to ...
as well as compensatory and punitive damages to be determined at trial," the administrators for the FTX estate said in a filing made on Sunday in the U.S. state of Delaware. A Binance spokesperson ...
The next wave of FTX creditor distributions will begin on May 30, with over $5 billion worth of recovered funds set to be ...
FTX will distribute more than $5 billion to eligible creditors on May 30, 2025. The payout is based on 2022 asset values, ...
FTX, the crypto trading platform founded by billionaire Sam Bankman-Fried, is reportedly close to filing for bankruptcy protection following an about-face from rival Binance on a planned multi ...
What I am seeing in these crypto cases is an ambiguity in the laws regarding what’s reachable, and it is whether it is the ...
The lawsuits, both filed in the Delaware bankruptcy ... by former FTX CEO Sam Bankman-Fried on sponsorship and investment deals. Another suit was filed against crypto exchange Binance and ...
In a court filing linked to FTX's Chapter 11 bankruptcy filing last week, John J. Ray, who oversaw creditor recoveries in the Enron scandal, said the concentration of power among a "small group of ...