Bankrupt cryptocurrency exchange FTX has filed a lawsuit to return $700 million from Sam Bankman-Fried’s “slush fund” through investment firm Alameda Research.
to the Delaware District Court. June 22 Alameda Research, former aide to former US Secretary of State Hillary Clinton, according to the dossier submitted on Michael Kives and investment company K5 Global involving many defendants, including 700 million dollar refund filed a lawsuit.
Kives, his partner in the lawsuit Bryan Baumthe duo’s company, K5 Global, and their alleged shell company, investment firms SGN Albany And Mount Olympus Capital took place.
According to the file SBF, Hollywood community quite in strong connections found Celebrities to K5 Capital And with politicians between the stock market connection for them to set up 700 million transferred assets worth USD.
Asset transfer SGN Albany And Mount Olympus Capital allegedly made. While it is stated that the assets belong to the company, in return for this transfer K5 Global or from partners what benefit will about net a contract not done. On file, SBF distribution of funds about any that you do not comply with the regulation underlined. Alameda case file for relevant funds “slush fund” made the description.
Alameda, of SBF last year of Kives hosted by a you joined the party and here are quite a few of your links that you are affected suggested.
Also, during FTX’s bankruptcy, Baum and Kives had a plan to save FTX. financier to SBF on finding trying to help was among the allegations.
on the other hand K5 Globalthe case unfair is argued. the company, SBF And with companies doing business like other organizations of SBF deceived by their legitimate identity stated. K5 Global by mid 2022 SBF And to Alameda of an affiliated company 400 million K5 Global for dollars 1 in 3 He also claimed to have bought it.
We passed FTX February with an announcement made in SBF and former management made by political donations back return otherwise requested will sue had stated.