Former FTX CEO Sam Bankman-Fried invested over $1 billion in a crypto mining company based on shoddy paperwork and “red flags,” according to the firm in charge of recovering funds for FTX creditors.

As part of its efforts to recover what it called “commingled and misappropriated funds,” FTX’s recovery trust filed a lawsuit against crypto mining company Genesis Digital Assets.

FTX Recovery Trust sues Genesis Digital Assets for $1.15B, alleging Sam Bankman-Fried misused customer funds before collapse.

The FTX Bankruptcy Trust has filed a $1.15 billion lawsuit against Bitcoin mining firm Genesis Digital Assets, marking one of the largest clawback actions yet in the ongoing efforts to recover assets ...

The Puerto Rican superstar has been picked to headline the 2026 Super Bowl halftime show and will perform his set entirely in ...

An elderly couple found dead in their home in Co Kerry both died by suicide, a coroner has ruled after hearing evidence that suggested they opted to end their lives after one of them became seriously ...

It was alleged that on April 18th last, the defendants made significant efforts and tracked them down while they were ...

Ms Kinsella, 27, tragically died after she suffered multiple traumatic injuries having been struck by a vehicle after falling ...

The teacher died after suffering multiple traumatic injuries having been struck by a vehicle after falling from the moving ...

FTX token FTT jumped 60% after the X account of Sam Bankman-Fried tweeted, with price rising to over $1.20 before pulling ...

The collapsed exchange alleges that ex-FTX CEO Bankman-Fried invested in the Bitcoin miner with commingled funds.

A similar protest was held at Shaheed Lala Hameed Chowk, led byMaulana Hidayatur Rehman.The port city is often showcased as the linchpin of China's Belt and Road Initiative, envisioned as a future ...