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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)$106,812.001.59%
  • ethereumEthereum(ETH)$2,615.373.72%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.211.97%
  • binancecoinBNB(BNB)$653.770.75%
  • solanaSolana(SOL)$156.116.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1767271.10%
  • tronTRON(TRX)$0.271338-0.51%
  • staked-etherLido Staked Ether(STETH)$2,613.963.72%
  • bitcoinBitcoin(BTC)$106,812.001.59%
  • ethereumEthereum(ETH)$2,615.373.72%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.211.97%
  • binancecoinBNB(BNB)$653.770.75%
  • solanaSolana(SOL)$156.116.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1767271.10%
  • tronTRON(TRX)$0.271338-0.51%
  • staked-etherLido Staked Ether(STETH)$2,613.963.72%
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  • bitcoinBitcoin(BTC)$106,812.001.59%
  • ethereumEthereum(ETH)$2,615.373.72%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.211.97%
  • binancecoinBNB(BNB)$653.770.75%
  • solanaSolana(SOL)$156.116.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1767271.10%
  • tronTRON(TRX)$0.271338-0.51%
  • staked-etherLido Staked Ether(STETH)$2,613.963.72%
  • bitcoinBitcoin(BTC)$106,812.001.59%
  • ethereumEthereum(ETH)$2,615.373.72%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.211.97%
  • binancecoinBNB(BNB)$653.770.75%
  • solanaSolana(SOL)$156.116.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1767271.10%
  • tronTRON(TRX)$0.271338-0.51%
  • staked-etherLido Staked Ether(STETH)$2,613.963.72%