FTX Trust Files $1.15 Billion Lawsuit Against Bitcoin Miner Genesis Digital
FTX Bankruptcy Trust sued Genesis Digital for $1.15 billion, alleging over $1 billion in fraudulent Alameda transfers and inflated share purchases that harmed FTX customers.
FTX To Begin $5 Billion Creditor Payouts Starting May 30
Eligible creditors should expect to receive funds from their selected distribution service provider (a "Distribution Service Provider"), either Bitgo or Kraken, within 1 to 3 business days from May 30, 2025.