Tag Archives: ftx bankruptcy

[unable to retrieve full-text content]CoinspeakerSam Bankman-Fried, Former CEO of Defunct FTX, Acknowledges His Crimes As legal battles unfold, Former FTX CEO Sam Bankman-Fried speaks out from his jail cell, expressing remorse for his actions and admitting to making "bad decisions" that left customers waiting. Sam Bankman-Fried, Former CEO of Defunct FTX, Acknowledges His Crimes

The defendants allegedly used their connections on the inside to ensure that their withdrawals were prioritized over those of other customers. Bankrupt crypto exchange FTX has sued former employees of its Hong Kong-based affiliate Salameda in hopes of recovering $157.3 million. According to a Thursday filing, Salameda was being controlled by the firm’s ex-CEO, Sam Bankman-Fried. New Filing against Ex-Employees of Salameda Reveals ‘Shady’ FTX Withdrawals The filing claims that 5 individuals...

[unable to retrieve full-text content]CoinspeakerFTX Customers Hit by Fresh Email Phishing Attack Proactively, the platform has placed a temporary freeze on affected user accounts within the customer claims portal. FTX Customers Hit by Fresh Email Phishing Attack

FTX is also seeking to reclaim the funds Friedberg received while working for FTX. FTX has filed a complaint in court that claims that Daniel Friedberg, one of its former top attorneys, was a major part of the fraud that company founder Sam Bankman-Fried and other top executives perpetrated. The complaint, which was filed in the US Bankruptcy Court in Delaware on Tuesday, claims that Friedberg acted as the company’s fixer on several occasions. That is, he was responsible for silencing,...