Here is the Real Reason FTX is Suing Binance for $1.8 Billion
FTX has filed a lawsuit against Binance and its founder Changpeng Zhao (CZ), seeking $1.8 billion in damages. The lawsuit alleges that in 2021, Binance and CZ misled ...
Read moreDetailsFTX has filed a lawsuit against Binance and its founder Changpeng Zhao (CZ), seeking $1.8 billion in damages. The lawsuit alleges that in 2021, Binance and CZ misled ...
Read moreDetailsFTX’s bankruptcy estate is pursuing $100 million from SkyBridge Capital and founder Anthony Scaramucci. FTX alleges funds used for sponsorships and investments lacked economic justification and breached contractual ...
Read moreDetails• Caroline Ellison began serving her two-year prison sentence in Connecticut for her role in the collapse of FTX• Ellison was the co-CEO of Alameda Research and the ...
Read moreDetails• Ex-FTX engineering director Nishad Singh was sentenced to time served and three years of supervised release• Singh pleaded guilty to six felony charges in February 2023 and ...
Read moreDetailsFTX has filed a motion seeking approval for a settlement agreement with former Alameda Research CEO Caroline Ellison, requiring her to turn over substantially all of her remaining ...
Read moreDetailsOn September 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison. Ellison cooperated with U.S. federal authorities in their investigation ...
Read moreDetailsCaroline Ellison, the former CEO of Alameda Research, is likely to face no jail time for her role in the FTX collapse despite pleading guilty to multiple charges. ...
Read moreDetailsFTX and Alameda Research to return $12.7 billion to creditors following a settlement with the CFTC. No civil monetary penalties imposed; all funds will go directly to paying ...
Read moreDetails• FTX lawyers and advisors charged over $500 million in the bankruptcy process so far• If some fees and expenses hadn't been cut back, the charges would have ...
Read moreDetails• FTX says almost all customers will get a full refund through its new reorganization plan.• FTX estimates it owes around $11.2 billion to its creditors but currently ...
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