June 24 (Reuters) - An increasingly nasty tussle is underway for control of billions of dollars in claims arising from the 2022 implosion of crypto exchange FTX. The dispute is pitting lawyers who are ...
MIAMI, FLORIDA – MAY 23: Shaquille O’Neal looks on during the third quarter in game four of the Eastern Conference Finals between the Boston Celtics and the Miami Heat at Kaseya Center on May 23, 2023 ...
FTX is probing if it can reclaim the millions of dollars it paid to celebrity athletes and sports teams that promoted the crypto exchange before it filed for bankruptcy last November. In an ...
The fallout from the implosion of crypto giant FTX has triggered a cascade of wide-reaching effects and emotions. Superstar celebrities like NFL quarterback Tom Brady are facing lawsuits for endorsing ...
Editor’s Note (November 14, 2024): Since the publication of this article, FTX has intensified its efforts to recover assets through clawback litigation, with filings beginning in early November 2024, ...
Bankruptcy lawyers for FTX said customers of the cryptocurrency exchange were set to get all their money back, plus interest. By David Yaffe-Bellany Reporting from San Francisco Customers of the ...
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities. While FTX’s new amended proposal promised “billions in ...
He was able to run, but he was not able to hide. NBA legend Shaquille O’Neal, after eluding process servers for months, finally has received a summons and complaint in the class action filed against ...
FTX Trading Ltd. was one of the largest cryptocurrency exchange firms, known for its specialty in buying and selling crypto derivatives, and once valued at about $40 billion—here’s how it went ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Sam Bankman-Fried was once called the “crypto king.” But in November 2022, his ...
Sam Bankman-Fried’s mother urged her son to “avoid” disclosing millions of dollars in FTX donations to her pro-Democrat political action committee, according to a bombshell lawsuit. Barbara Fried, a ...
FTX had, it seemed, hit rock bottom. Until someone—a thief or thieves who have yet to be identified—chose that particular moment to make things far worse. That Friday evening, exhausted FTX staffers ...