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Zixiao Wang

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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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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)$109,784.000.28%
  • ethereumEthereum(ETH)$2,791.184.13%
  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.30-0.14%
  • binancecoinBNB(BNB)$670.300.87%
  • solanaSolana(SOL)$166.644.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1982912.56%
  • tronTRON(TRX)$0.2909261.13%
  • cardanoCardano(ADA)$0.721.53%
  • bitcoinBitcoin(BTC)$109,784.000.28%
  • ethereumEthereum(ETH)$2,791.184.13%
  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.30-0.14%
  • binancecoinBNB(BNB)$670.300.87%
  • solanaSolana(SOL)$166.644.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1982912.56%
  • tronTRON(TRX)$0.2909261.13%
  • cardanoCardano(ADA)$0.721.53%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$109,784.000.28%
  • ethereumEthereum(ETH)$2,791.184.13%
  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.30-0.14%
  • binancecoinBNB(BNB)$670.300.87%
  • solanaSolana(SOL)$166.644.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1982912.56%
  • tronTRON(TRX)$0.2909261.13%
  • cardanoCardano(ADA)$0.721.53%
  • bitcoinBitcoin(BTC)$109,784.000.28%
  • ethereumEthereum(ETH)$2,791.184.13%
  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.30-0.14%
  • binancecoinBNB(BNB)$670.300.87%
  • solanaSolana(SOL)$166.644.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1982912.56%
  • tronTRON(TRX)$0.2909261.13%
  • cardanoCardano(ADA)$0.721.53%