FTX Recovery Trust | Crypto

FTX Recovery Trust sued Bitcoin mining company Genesis Digital Assets, seeking to recover $1.15 billion in allegedly fraudulent transfers made by the co-founder of the fallen exchange, Sam Bankman-Fried. As Bloomberg Law reported on Sept. 23, the trust filed the lawsuit on Sept. 22 in the US Bankruptcy Court for the District of Delaware. It […] The post FTX Recovery Trust sues Genesis Digital to recover $1.15B in allegedly fraudulent transfers appeared first on CryptoSlate.

The FTX Recovery Trust is preparing a third round of distributions to creditors, totaling $1.6 billion, as it continues efforts to return funds. The post FTX Recovery Trust to Distribute Additional $1.6B to Creditors appeared first on Cryptonews.