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FTX has filed 23 new lawsuits to recover funds, targeting Binance, SkyBridge Capital, etc.

2024-11-13 09:54
Odaily News As FTX's bankruptcy estate attempts to recover funds for creditors, 23 new lawsuits have been filed against organizations such as CoinMarketCap, Anthony Scaramucci, SkyBridge Capital, Crypto.com, and even Mark Zuckerberg-backed lobbying group Fwd.us. The lawsuits allege that the funds transferred to these organizations are part of a larger "influence buying campaign" orchestrated by FTX founder Sam Bankman-Fried. According to the lawsuit, Bankman-Fried funneled money into politics and traditional finance through sponsorships, investments, and donations to enhance his reputation while covering up FTX's growing financial instability.