In addition to Bankman-Fried, the plaintiffs are also seeking damages from football superstar Tom Brady and tennis player Naomi Osaka.
(Photo: Bloomberg)
Bangalore, New York The collapse of the FTX crypto exchange has legal repercussions for the company founder. According to court documents, a class action lawsuit has been filed against Sam Bankman-Fried in Miami. The interest-bearing cryptocurrency accounts offered by FTX should not have been sold due to a lack of a license in the United States, the lawsuit states.
The FTX bankruptcy also gets politicians on the scene. The US House of Representatives is planning a hearing on the issue. In addition to Bankman-Fried, representatives of competitors such as Binance should also be heard.
>> Read also: Supermodels, sports stars, professional investors – who are among the biggest losers after the FTX bankruptcy
Crypto exchange FTX filed for bankruptcy protection in the United States last week after customers withdrew en masse in response to the secret move of $10 billion in deposits. However, the liquidators of an FTX subsidiary in the Bahamas describe the US application of the parent company in court documents as illegal.
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