Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,407,087,163,783.41
  • 24h Vol: $55,445,170,526.62
  • BTC Dominance: 56.57%

Bankruptcy Case

former-ftx-executive-accused-of-fueling-a-charity-through-discounted-ftt-purchase

Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

Leave a Comment / AI research, alternative investments, anonymous sources, Bankruptcy Case, Bitcoin, charitable donations, Cooperative AI Foundation, Crypto Hacked, Cryptocurrency, Digital Assets, Digital Currency, Digital Tokens, employee discount, Ethereum, Financial Markets, Financial Technology, FTT, FTT Token, ftx, FTX Token, fundraising, News, Polaris Ventures, Ruairi Donnelly, token sale, unpaid wages, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , ,

A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating the tokens to Polaris Ventures, a […]

Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase Read More »

objections-raised-over-appointment-of-sullivan-&-cromwell-as-debtors’-counsel-for-ftx

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX

Leave a Comment / 20 engagements, attorney, bankrupcty proceedings, Bankruptcy Case, bankruptcy judge, Bitcoin, chief restructuring officer, conflict, Conflict of Interest, counsel, court case, Crypto Hacked, Cryptocurrency, Customers, Daniel Friedberg, debtors' counsel, digital asset subjects, Enron, Ethereum, Fee payments, Fees, former FTX US compliance officer, ftx, general counsel, James "Metalawman" Murphy, John Dorsey, John J. Ray III, Lawyers, legal counsel, litigation firm, Metaverse Lawyer, New FTX CEO, News, Nishad Singh, ryne miller, S&C, Sam Bankman-Fried, sbf, Sullivan Cromwell, Twitter thread, Web3 attorney, Zoom presentation / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict of interest between former and current FTX executives and FTX

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX Read More »