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Bankrupt crypto exchange FTX is looking to demand information on millions of dollars in payments it had previously given to a nonprofit AI safety organization — the Center for AI Safety (CAIS).In an Oct. 25 bankruptcy court filing, the lawyers helming FTX claimed the firm gave $6.5 million to CAIS
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Ripple’s Chief Technology Officer (CTO), David Schwartz, has always been quick to come to the defense of the crypto firm and its
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Lawyers of the defunct crypto exchange, FTX, now argue that founder Sam Bankman-Fried commingled customer funds for “personal aggrandizement” to garner influence for himself. FTX targets life science investments According to court documents filed by FTX attorneys on July 19,
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FTX’s leadership is looking to claw back more than $240 million from insiders and executives that benefited from FTX's "wildly inflated" acquisition of stock-clearing platform Embed in September.Cryptox reported yesterday that a lawsuit was filed against former FTX CEO Sam Bankman-Fried and other top FTX insiders on May 17 concerning
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According to a governance proposal passed on Jan. 23, decentralized exchange (DEX) SushiSwap will soon redirect 100% of trading fees on the platform to its treasury for operations and maintenance for one year's duration. The move came after CEO Jared Grey warned that the exchange "only has 1.5 years of
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