FTX opens lawsuit against former employees of Hong Kong affiliate
Bankrupt crypto exchange FTX has opened a lawsuit against former employees of its Hong Kong affiliate company, Salameda, to recover $157.3 million. Go to Source
ftx
Auto Added by WPeMatico
Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved. Go to Source
Judge grants DoJ motions barring testimony of Sam Bankman-Fried’s witnesses
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government. Go to Source
Judges deny Sam Bankman-Fried’s appeal for early release
Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail. Go to Source
Stanford to return millions in crypto donations from FTX
The university said it intends to return the “entirety” of funds received from former cryptocurrency exchange FTX, which it claims were mainly for pandemic-related prevention and research. Go to Source
Sam Bankman-Fried’s father dragged his mother into an FTX US salary dispute
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary. Go to Source
Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report
A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail. Go to Source
Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions
The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF. Go to Source
Solana traders prepare for FTX-induced sell pressure on SOL — Is it premature?
Crypto traders are talking about SOL price falling due to the risk of FTX selling its $1.16 billion Solana stake. Are they over-exaggerating? Go to Source
Bitcoin ignores CPI, FTX as BTC price hits September high near $26.6K
BTC price strength marches on despite the curveball CPI print and FTX liquidation go-ahead, and Bitcoin traders are hopeful for long opportunities. Go to Source