FTX Trust Sues Genesis To Recover $1 Billion Allegedly Misappropriated By SBF | Bitcoinist.com

An FTX trust has initiated legal action against Genesis Digital Assets, seeking to recover $1.15 billion that it alleges was fraudulently transferred by Sam Bankman-Fried (SBF), the co-founder of t...

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FTX Trust Sues Genesis To Recover $1 Billion Allegedly Misappropriated By SBF | Bitcoinist.com

Source: Bitcoinist.com

An FTX trust has initiated legal action against Genesis Digital Assets, seeking to recover $1.15 billion that it alleges was fraudulently transferred by Sam Bankman-Fried (SBF), the co-founder of the now-defunct cryptocurrency exchange. The lawsuit, filed in the US Bankruptcy Court for the District of Delaware, targets Genesis Digital, its affiliates, and co-founders Rashit Makhat […]