FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
Assets, Bankruptcy, Cryptocurrency, Lawsuit
September 22, 2023
Bankrupt crypto exchange FTX has sued former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX that it says was controlled by the firm’s ex-CEO, Sam Bankman-Fried, to recover about $157.3 million, according to a court filing late Thursday. The filing alleges Michael Burgess, Matthew ...Read More