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FTX sues SBF, others over ‘worthless’ fintech company acquisition
By Oluwapelumi Adejumo at 2026-06-26 14:58
Sentiment: Negative
Bankrupt crypto exchange FTX sued Sam Bankman-Fried (SBF) and other former executives of the company for the $250 million acquisition of stock clearing platform Embed. According to a May 17 court filing, SBF and other executives — Nishad Singh and Gary Wonder — knew Alameda Research was insolvent and still went ahead with the deal. Besides that, […] The post FTX sues SBF, others over ‘worthless’ fintech company acquisition appeared first on CryptoSlate. Continue reading...
Categories: Bankruptcy
Tags: #Bankruptcy #Featured #Legal #Embed #ftx #Sam Bankman-Fried
Source CryptoSlate