U.S. Attorney Damian Williams speaks during a news conference about the criminal charges filed against FTX founder Sam Bankman-Fried.(AP Photo/Julia Nikhinson / AP Newsroom) The crypto exchangehalted withdrawals last month and filed for bankruptcy after customers rushed to pull their holdings. Aut...
FTX investors filed a class action lawsuit against FTX and its celebrity endorsers on Nov. 15, 2022. Thecivil suit claimedFTX used "false representation and deceptive conduct." The lawsuit also accused FTX of using a Ponzi scheme to misuse funds and move customer money between entities. How th...
A class-action lawsuit against Silvergate Bank, Silvergate Capital Corporation and Silvergate CEO Alan Lane was filed at the California Southern District Court concerning accounts held by embattled crypto companies FTX and Alameda Research. The suitaimsto hold Silvergate accountable for its alleged roles ...
California resident Austin Onusz filed a class-actionlawsuitTuesday alongside three other FTX users from the Netherlands, Turkey and the United Kingdom. The complaint names FTX founders Sam Bankman-Fried and Gary Wang as defendants as well as Caroline Ellison, former CEO of FTX's hedge fund, Al...
FTX class action lawsuits co-lead counsel Adam Moskowitz explains how he plans to collect the money stolen by Sam Bankman-Fried on The Big Money Show. Nothing was off limits during theTom Bradyroast on Netflix over the weekend, and a handful of guests capitalized on the opportunity to take...
Bankman-Fried's name was listed as a defendant in a class-actionlawsuitfiled Friday, accusing him and several celebrities of deceptive marketing. It marks the third class-action suit customers have filed against celebrities who promoted FTX Trading. Tom Brady and Larry David are among thoseaccused...
cooperation and assistance through this complex recovery process. I also want to thank the Joint Official Liquidators of FTX Digital Markets, the Ad Hoc Committee of Non-U.S. Customers, the Class Action Claimants, BlockFi, the Official Committee of Unsecured Creditors and all of their professional...
class action lawsuit has continued to grind through its various steps since the January 30 hearing laid out the timetable for the CME to make its case to decertify the class action status and to exclude the expert testimony of Dr. Jonathan Arnold. The judge has also outlined the schedule ...
UPDATE: Plaintiffs in the billion $ FTX class action case just served@SHAQoutside his house. His home video cameras recorded our service and we made it very clear that he is not to destroy or erase any of these security tapes, because they must be preserved for our lawsuit. ...
Meanwhile, celebrity boosters of FTX -- including Naomi Osaka, Shaquille O'Neal and Kevin O'Leary -- were sued in federal court in a class-action lawsuit alleging that false representations of a deceptive product were used to dupe vulnerable investors. "I had no knowledge, nor did any of...