FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B
One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”
One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”
The latest price moves in crypto markets in context for Sept. 22, 2023.
In the run-up to FTX’s bankruptcy filing, known as the Preference Period, the defendants received the benefit of withdrawals that constitute preferential transfers, the filing said.
An Alameda balance sheet revealed just how fraught FTX’s situation was.
FTX sued Joshua Bankman and Barbara Fried for misappropriating millions, including $5.5 million in donations to Stanford University.
The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.
The latest price moves in crypto markets in context for Sept. 19, 2023.
Sam Bankman-Fried is two weeks away from trial. His next hope is a sympathetic jury.
The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment made to the parents.
The latest price moves in crypto markets in context for Sept. 13, 2023.