FTX sues over investments, donations made by charity arm to lifestyles sciences firms

FTX sues over investments, donations made by charity arm to existence sciences companies

FTX’s efforts to claw support customer funds are continuing. Alameda Analysis and FTX filed swimsuit on July 19 looking out out for the return of $71.6 million in allegedly commingled company and customer funds associated to investments and donations to existence sciences companies.

The defendants in the swimsuit are six existence sciences companies, the FTX Foundation philanthropical group, the Latona Biosciences Personnel “sham” nonprofit, weak FTX CEO Sam Bankman-Fried, FTX Foundation head Nicholas Beckstead and Latona head Ross Rheingans-Yoo.

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