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3232FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense
https://www.digit.info/ftxs-bankman-fried-is-allegedly-using-alameda-funds-to-pay-for-legal-defense/
Thu, 30 Mar 2023 00:34:56 +0000https://www.digit.info/2023/03/30/ftxs-bankman-fried-is-allegedly-using-alameda-funds-to-pay-for-legal-defense/Read more]]>According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his […]
]]>US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles
https://www.digit.info/us-crypto-lawsuits-reach-all-time-high-with-42-increase-in-2022-sec-cases-dominate-legal-battles/
Mon, 13 Feb 2023 09:30:01 +0000https://www.digit.info/2023/02/13/us-crypto-lawsuits-reach-all-time-high-with-42-increase-in-2022-sec-cases-dominate-legal-battles/Read more]]>A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows that the majority of lawsuits came from the U.S. Securities and Exchange […]