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Michael Giles

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FTX pursues $244M clawback from ‘wildly inflated’ Embed acquisition deal

May 19, 2023 by DIGIT

FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a “wildly inflated” price for the company. Go to Source Powered by WPeMatico

Categories Embed, FTX Bankruptcy, FTX claw back, FTX Embed, Michael Giles

FTX leadership sues Sam Bankman-Fried over $220M deal made prior to bankruptcy

May 18, 2023 by DIGIT

When FTX tried to sell the platform after filing for bankruptcy, the top bid was for just $1 million, representing a 99.5% decline in value. Go to Source Powered by WPeMatico

Categories Alameda, Alameda Research, due diligence, Embed, FTX insiders, FTX.US, Michael Giles, misappropriated, Nishad Singh, Stock-clearing platform, sue, Zixiao Wang


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$105,549.000.54%
  • ethereumEthereum(ETH)$2,551.001.49%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.171.90%
  • binancecoinBNB(BNB)$647.670.92%
  • solanaSolana(SOL)$152.886.05%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.175167-1.00%
  • tronTRON(TRX)$0.2728860.92%
  • staked-etherLido Staked Ether(STETH)$2,550.171.53%
  • bitcoinBitcoin(BTC)$105,549.000.54%
  • ethereumEthereum(ETH)$2,551.001.49%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.171.90%
  • binancecoinBNB(BNB)$647.670.92%
  • solanaSolana(SOL)$152.886.05%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.175167-1.00%
  • tronTRON(TRX)$0.2728860.92%
  • staked-etherLido Staked Ether(STETH)$2,550.171.53%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$105,549.000.54%
  • ethereumEthereum(ETH)$2,551.001.49%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.171.90%
  • binancecoinBNB(BNB)$647.670.92%
  • solanaSolana(SOL)$152.886.05%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.175167-1.00%
  • tronTRON(TRX)$0.2728860.92%
  • staked-etherLido Staked Ether(STETH)$2,550.171.53%
  • bitcoinBitcoin(BTC)$105,549.000.54%
  • ethereumEthereum(ETH)$2,551.001.49%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.171.90%
  • binancecoinBNB(BNB)$647.670.92%
  • solanaSolana(SOL)$152.886.05%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.175167-1.00%
  • tronTRON(TRX)$0.2728860.92%
  • staked-etherLido Staked Ether(STETH)$2,550.171.53%