FTX.com

Eversheds Sutherland partner and co-global head of corporate crime and investigations Sarah Paul weighs in on the settlement reached for the ad hoc committee of non-U.S. customers of FTX.com. "We have agreed to resolve our litigation in connection with the planned framework that's expected to result in the distribution approximately 90% of the distributable value of the FTX debtors to be paid to customers," Paul said.

Oct 23, 2023

Bitcoin (BTC) dropped to a new 23-month low as crypto traders processed the news that Binance might not buy rival FTX after all. Bloomberg reports U.S. securities and commodities regulators are probing whether FTX.com correctly managed client funds, despite statements by the ailing crypto exchange’s CEO, Sam Bankman-Fried, that all customer holdings were covered.

Nov 9, 2022