FTX Initiates Lawsuit Against ByBit, Alleging Irregularities in Asset Withdrawals

A lawsuit has been launched against ByBit, its investment arm Mirana, and several executives by the FTX bankruptcy estate.

A lawsuit has been launched against ByBit, its investment arm Mirana, and several executives by the FTX bankruptcy estate.

Key Takeaways A group of former FTX leaders, led by ex-FTX General Counsel Can Sun is reportedly working on building a new crypto exchange. Can Sun, who testified against FTX Founder Sam Bankman-Fried at his criminal trial, is leading Backpack’s…

Key Takeaways Bankrupt cryptocurrency exchange FTX, along with its debtors, has submitted a request to the U.S. bankruptcy court in Delaware seeking approval to sell trust assets, including funds from Grayscale and Bitwise, valued at an estimated $744 million. The…

After nearly four hours of deliberation, a jury in the criminal trial of former FTX CEO Sam Bankman-Fried (SBF) found him guilty on all seven charges.

Key Takeaways The high-stakes criminal trial of Sam Bankman-Fried, closely linked to the dramatic collapse of the once-valued $32 billion FTX cryptocurrency exchange, has entered its final phase, with prosecution and defense attorneys passionately presenting their closing arguments in a…

Lawyers for SBF have filed with the presiding court another letter requesting modifications to the jury instructions.

SBF's attorney, Mark Cohen, sent a letter to Judge Lewis Kaplan outlining the details of the former CEO of FTX's planned appearance.

In his criminal prosecution, FTX founder Sam Bankman-Fried (SBF) is scheduled to testify on October 26.

Key Takeaways In a recent bankruptcy court filing on October 25, FTX, the embattled crypto exchange, is making a move to demand information regarding substantial payments it had previously made to the Center for AI Safety (CAIS), a nonprofit organization…

Key Takeaways In the high-stakes trial of former FTX CEO Sam Bankman-Fried, his defense team is set to introduce an expert witness, Joseph Pimbley, to counter the testimony of key witnesses regarding the financial ties between FTX and the trading…