Bankman-Fried Hid FTX Con From General Counsel, Jury Told

By Rachel Scharf · October 19, 2023, 4:35 PM EDT

The former general counsel of FTX testified Thursday in federal court in Manhattan that he was in the dark about the crypto exchange's misuse of customer funds until November 2022, when...

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Bankruptcy Scorecard

Summary

Cryptocurrency exchange FTX filed for Chapter 11 on Nov. 11, 2022, after a rapid collapse in value.

Case Number

1:22-bk-11068

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Total liabilities are still to be determined, as a full plan has yet to be filed and FTX's tax liability is still being resolved. The IRS has filed a claim for $8 billion.

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Related Sections

Case Information

Case Title

USA v. BANKMAN-FRIED

Case Number

1:22-cr-00673

Court

New York Southern

Nature of Suit

Date Filed

December 09, 2022

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