FTX is using legal action against various parties and other methods as part of its asset recovery efforts. Led by Chief Executive and Restructuring Officer John J. Ray, the bankrupt cryptocurrency exchange is aiming to recoup billions of dollars, Bloomberg reported Friday (Sept. 22). In one recent...
A new lawsuit accuses alleged cryptocurrency fraudster Sam Bankman-Fried’s parents of their own malfeasance. The suit, filed Monday (Sept. 18) by the bankrupt crypto exchange FTX, says that Joseph Bankman and Barbara Fried used their backgrounds as Stanford University law professors to help line their pockets as...
January 17, 2024
Sam Bankman-Fried’s parents say they can’t be held accountable for their son’s actions at FTX. Joseph Bankman and Barbara Fried were sued last year by FTX, with the bankrupt cryptocurrency exchange alleging that the pair used their backgrounds as Stanford University law professors to enrich themselves as their son carried out his own fraud during his time as […]
September 22, 2023
FTX is using legal action against various parties and other methods as part of its asset recovery efforts. Led by Chief Executive and Restructuring Officer John J. Ray, the bankrupt...
September 19, 2023
A new lawsuit accuses alleged cryptocurrency fraudster Sam Bankman-Fried’s parents of their own malfeasance. The suit, filed Monday (Sept. 18) by the bankrupt crypto exchange FTX, says that Joseph Bankman and Barbara...