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FTX Collapse
FTX Investors’ Loss Is Wall Street Lawyers’ Gain
Attorneys are charging upwards of $2,000 an hour and $12 million retainers as they attempt to restore funds to the million-odd creditors of Sam Bankman-Fried’s failed empire.
FTX Creditors Hire Law Firm Paul Hastings as Representation
Paul Hastings beat out multiple law firms that pitched to lead legal work in the bankruptcy proceedings, the Wall Street Journal said.
Alameda's Caroline Ellison, FTX's Gary Wang Plead Guilty to DOJ 'Fraud' Charges, Also Settle With SEC, CFTC
FTX's Bankman-Fried was charged and arrested last week.
Self-Custody Is the Antidote to FTX’s Fraud
Senator Elizabeth Warren’s proposed bill would make transacting with self-hosted wallets much more difficult.
Sam Bankman-Fried to be Extradited to the US
The former CEO of collapsed crypto exchange FTX could arrive in New York to face charges as early as Wednesday afternoon.
Bernie Madoff’s Former Attorney on FTX Implosion
FTX founder Sam Bankman-Fried is reportedly expected to waive his right to extradition to the U.S. after a confusing Bahamas court appearance Monday that the presiding judge deemed a "waste of time." Ira Lee Sorkin, former attorney for Bernie Madoff, discusses his take on Bankman-Fried's case.
Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation
The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.
FTX Has Over $1B in Cash, Creditor Meeting Told
Unwinding the collapsed crypto company has been made more difficult by poor record-keeping.
Bankrupt Crypto Lender BlockFi Looks to Restart Certain Customer Withdrawals
The company is seeking a U.S. court order to let customers withdraw digital assets locked up in wallets on the platform.
FTX Will Look to Retrieve Voluntary Payments From Third Parties, Possibly Including SBF's Political Donations
FTX said it had been "approached by a number of recipients of contributions or other payments" looking to return them what they had received from Bankman-Fried or other FTX executives.
