FTX sues Sam Bankman-Fried and other former pros to claw support $1B

FTX sues Sam Bankman-Fried and other former pros to claw support $1B

FTX has sued former CEO Sam Bankman-Fried and other former key executives from the now-bankrupt crypto replace to enhance better than $1 billion in allegedly misappropriated funds.

A July 20 criticism filed in a United States Financial extinguish Court named former Alameda Research CEO Caroline Ellison, FTX co-founder Zixiao “Gary” Wang, former FTX engineering director Nishad Singh and Bankman-Fried as defendants.

<em>Excerpt from FTX&#8217;s criticism in opposition to Bankman-Fried, Ellison and others. Source: Kroll</em>

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