FTX sues Dan Friedberg, alleging he used ‘hush money’ to silence whistleblowers

FTX has filed a lawsuit against a former regulatory and compliance executive at the exchange, alleging he made a series of payments in attempts to prevent staff from blowing the whistle about issues at the exchange.  On June 27, FTX filed a lawsuit against Daniel Friedberg, who held multiple roles, including chief regulatory officer at [...]

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Judge Considers Dismissing Shaquille ONeal and Naomi Osaka from FTX Lawsuit

A federal judge in Florida is considering dismissing Shaquille O’Neal and Naomi Osaka from the FTX lawsuit due to uncertainty about whether they were served. The judge reprimanded other celebrity defendants for not following proper procedure in requesting a conference extension. A consolidation request by some plaintiffs against FTX was denied, and lawyers for former FTX CEO Sam Bankman-Fried noted the possibility of pushing back the criminal trial scheduled for October 2023. (Read More)

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Judge refuses to consolidate class-action lawsuits against FTX

A U.S. judge denied the request to consolidate, saying that the defendants had not had the opportunity to respond.

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FTX settles lawsuit against the Bybit exchange for $228 million

The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices.

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Crypto companies paid $19B in settlements to US regulators in 2024

Since 2019, US regulators have collected a total of $31.92 billion in settlements from 25 crypto companies across various lawsuits. 

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