Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured [...]

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Texas Objects to Binance.US and Voyager Digital Deal

Texas’ State Securities Board and Department of Banking object to Binance.US's proposed $1.022 billion deal to buy Voyager Digital's assets, citing "inadequate" disclosures. (Read More)

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FTX lawyers: Examiner could cost $100M and ‘provide no benefit’

FTX lawyers, joint provisional liquidators of FTX US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner.

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FTX customers want more info on FTX’s plans to sell subsidiaries

While the group of 18 customers does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers’ interests are represented.

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Names of non-US FTX users demanded by mainstream media outlets

A number of mainstream media outlets are pushing to publicize the personal details of FTX’s non-U.S. customers, similar to what happened with Celsius.

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Mainstream media renew push for non-US FTX user identities

A May 3 filing to the United States Bankruptcy Court brings new objections to a motion that aimed to redact customer identities.

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