Don't Let Fenwick And Celebs Slip FTX Suit, Investors Say
By Emilie Ruscoe · November 8, 2023, 5:48 PM EST
Defunct cryptocurrency exchange FTX defrauded would-be investors with the help of a BigLaw firm and a roster of celebrities, and they must face multidistrict litigation over their alleged roles in the...
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.