carolineellison

FTX Entities Paid Bankman-Fried and Other Top Execs More Than $3 Billion Before Collapse

Thu, 03/16/2023 - 10:35

As down-and-out crypto exchange FTX struggles through the miasma of Chapter 11 bankruptcy, seeking to recoup funds needed to make customers and investors whole, the company now says there was around $3.2 billion dolled out to former CEO Sam Bankman-Fried and five other members of his inner circle before the collapse.

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Sam Bankman-Fried's Lawyers Say They May Need to Delay Trial

Thu, 03/09/2023 - 12:50

Gizmodo

Lawyers representing FTX founder Sam Bankman-Fried announced on Wednesday that his October trial might need to be delayed. The lawyers said they were still waiting for important documents to be handed over and claimed the hold-up could hinder their ability to review the evidence and create a proper defense.

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