Here's All the Lawsuits Against FTX So Far

Here's All the Lawsuits Against FTX So Far

2 years ago
Anonymous $_PGtSJbg8h

https://www.vice.com/en_us/article/m7gnjp/heres-all-the-lawsuits-against-ftx-so-far

As disgraced FTX founder and former chief executive Sam Bankman-Fried makes the media rounds, apologizing while simultaneously pointing the finger away from himself against the advice of his lawyers, the lawsuits have already begun to pile up. 

Over the past few weeks, four civil lawsuits have been filed against Bankman-Fried alleging all manner of fraud, theft, deception, and other crimes. These civil suits are separate from the probes and investigations launched by the Department of Justice, US Attorney’s Office in Manhattan, the state of California, and the Bahamas, the Securities and Exchange Commission, and the Commodities Future Trading Commission. Still, the lawsuits and the allegations therein—which have not yet been tested in court—represent more problems to come for Bankman-Fried, whose public comments about what he knew, or didn't, prior to FTX's sudden implosion this month may well be used against him in court.