FTX


Politiche

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.

Gemini faces an investor lawsuit over its interest-earning product. (RapidEye/Getty Images)

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Legal Expert On Bankman-Fried's 'Sticky' Situation Following Extradition to the US

FTX founder Sam Bankman-Fried is now in FBI custody and will appear in court "as soon as possible." Barhoma Law and Power Trial Lawyers founder Matthew Barhoma weighs in on Bankman-Fried's "sticky" situation, saying the move now is to prove his intentionality.

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Alameda’s Caroline Ellison, FTX's Gary Wang Plead Guilty to DOJ Fraud Charges

Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to criminal charges tied to FTX's collapse, U.S. Attorney Damian Williams announced Wednesday night. The SEC also charged Ellison and Wang. CoinDesk Deputy Managing Editor for Global Policy and Regulation Jesse Hamilton discusses the details.

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Sam Bankman-Fried Now in FBI Custody, Will Appear in Court 'as Soon as Possible'

FTX founder Sam Bankman-Fried is now in FBI custody facing both civil and criminal charges. Meanwhile, the SEC has charged former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang with defrauding FTX customers. Barhoma Law founder Matthew Barhoma discusses the latest legal considerations of FTX's bankruptcy and the potential road ahead.

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Finanza

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.

FTX founder Sam Bankman-Fried after returning to court In the Bahamas (Joe Raedle/Getty Images)

Finanza

FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg

Around 94% of the $84 million FTX paid for its majority stake in Blockfolio was in the FTT token it invented.

(Unsplash)

Finanza

Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets

The plea agreement would waive Ellison of any charges except criminal tax violations, provided she fully cooperates with U.S. Attorney's office.

Caroline Ellison, former CEO of Alameda Research (Twitter/@carolinecapital)

Finanza

SEC Calls FTT Exchange Token a Security

The complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.

(Leon Neal/Getty Images)