FTX | ForkLog - Part 20

ForkLog 9 14.02.2023

Court approves sale of FTX de minimis assets

The Delaware bankruptcy court approved the sale of certain FTX assets in the de minimis category.

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ForkLog 19 09.02.2023

FTX lawyers’ fees total nearly $20 million

Lawyers involved in the bankruptcy proceedings of the cryptocurrency exchange FTX valued their services at roughly $20 million.

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ForkLog 11 07.02.2023

Statistica Capital Sues Signature Bank Over FTX Collapse

The investment firm Statistica Capital has accused Signature Bank of facilitating the collapse of FTX by enabling the exchange to commingle client funds on its blockchain network. Bloomberg reports this.

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ForkLog 14 07.02.2023

John Ray earned $690,000 as FTX’s new CEO over two months

The compensation of FTX's new head John Ray from November 11 to December 31, 2022 amounted to $690,000. This comes from bankruptcy court documents related to the platform, according to Business Insider.

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ForkLog 8 06.02.2023

FTX seeks return of donations from U.S. politicians

FTX Group sent private letters to politicians demanding the return of donations previously received from former exchange chief Sam Bankman-Fried.

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ForkLog 12 03.02.2023

US authorities to probe Silvergate’s ties to FTX and Alameda Research

The US Department of Justice's Fraud Section is investigating Silvergate's dealings with the cryptocurrency exchange FTX and the associated hedge fund Alameda Research.

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ForkLog 8 02.02.2023

Court bars Sam Bankman-Fried from contacting FTX and Alameda staff

Judge Lewis Kaplan of the Southern District of New York granted the U.S. Department of Justice's request, barring Sam Bankman-Fried from contacting former or current employees of FTX or Alameda Research. Reuters reports.

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ForkLog 8 31.01.2023

Court approves disclosure of anonymous bail guarantors for Sam Bankman-Fried

A judge in the Southern District of New York, Lewis Kaplan, granted the media group's request to reveal the identities of two unnamed bail guarantors for Sam Bankman-Fried (SBF). The Block reports.

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ForkLog 16 30.01.2023

UK regulator to investigate Effective Ventures Foundation after FTX collapse

The Charity Commission for England and Wales has initiated an investigation into the Effective Ventures Foundation. The organisation was supported by the FTX Foundation, according to a press release.

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ForkLog 9 30.01.2023

US authorities seek to bar SBF from communicating with witnesses

The U.S. Department of Justice has filed a request to modify the bail agreement for former FTX chief Sam Bankman-Fried (SBF). Prosecutors allege that he used the Signal messenger to send encrypted messages to a potential witness in the exchange's bankruptcy case.

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ForkLog 6 30.01.2023

Australian regulator voiced concerns about FTX six months before its collapse

The Australian Securities and Investments Commission (ASIC) was concerned about the operations of FTX's local subsidiary and was watching the company closely long before its collapse. The Guardian Australia reports this, citing documents.

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ForkLog 9 27.01.2023

Bloomberg puts FTX lawyers’ fees in the hundreds of millions

The fee for Sullivan & Cromwell, acting for FTX in the exchange's bankruptcy case, is likely to reach hundreds of millions of dollars before the process concludes. Bloomberg Law reports.

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