-
FTX Bankruptcy Drama Intensifies: Multimillion Trust Assets Hang In The Balance
Monday, November 6, 2023 - 11:31am | 720Collapsed FTX exchange and its debtors appealed to the U.S. bankruptcy court of Delaware for approval of the sale of some trust assets which are funds of Grayscale and Bitwise valued at around $744 million. What Happened: A court filing on Friday has proposed the sale or transfer of trust...
-
Disgraced FTX Founder's Parents Accused Of Misappropriating Funds, 'Ignoring Scheme'
Tuesday, September 19, 2023 - 11:23am | 617Bankrupt crypto exchange FTX (CRYPTO: FTT) is back in the news again. The debtors have now initiated legal action against the parents of FTX founder Sam Bankman-Fried, Joseph Bankman and Barbara Fried, claiming that they have skimmed huge sums of money through their involvement in the exchange...
-
FTX Disputes Ownership Of $450M Robinhood Stock, Seeks Resolution In US Bankruptcy Court
Friday, December 23, 2022 - 11:25am | 453Crypto exchange FTX (CRYPTO: FTT) has sought help from a U.S. bankruptcy court in a dispute over ownership of Robinhood Markets Inc (NASDAQ: HOOD) stock valued at roughly $450 million, according to a petition filed on Thursday. About 56 million shares of the brokerage owned by Emergent Fidelity...