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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)$105,094.00-0.82%
  • ethereumEthereum(ETH)$2,637.570.80%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.23-1.33%
  • binancecoinBNB(BNB)$668.240.54%
  • solanaSolana(SOL)$156.15-2.67%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.191097-2.37%
  • tronTRON(TRX)$0.2737190.96%
  • cardanoCardano(ADA)$0.68-1.30%
  • bitcoinBitcoin(BTC)$105,094.00-0.82%
  • ethereumEthereum(ETH)$2,637.570.80%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.23-1.33%
  • binancecoinBNB(BNB)$668.240.54%
  • solanaSolana(SOL)$156.15-2.67%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.191097-2.37%
  • tronTRON(TRX)$0.2737190.96%
  • cardanoCardano(ADA)$0.68-1.30%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$105,094.00-0.82%
  • ethereumEthereum(ETH)$2,637.570.80%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.23-1.33%
  • binancecoinBNB(BNB)$668.240.54%
  • solanaSolana(SOL)$156.15-2.67%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.191097-2.37%
  • tronTRON(TRX)$0.2737190.96%
  • cardanoCardano(ADA)$0.68-1.30%
  • bitcoinBitcoin(BTC)$105,094.00-0.82%
  • ethereumEthereum(ETH)$2,637.570.80%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.23-1.33%
  • binancecoinBNB(BNB)$668.240.54%
  • solanaSolana(SOL)$156.15-2.67%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.191097-2.37%
  • tronTRON(TRX)$0.2737190.96%
  • cardanoCardano(ADA)$0.68-1.30%