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FTX has filed 23 new lawsuits to recover funds, targeting Binance, SkyBridge Capital, and others

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2024-11-13 17:49:28
As FTX's estate attempts to recover money for creditors, 23 new lawsuits have been filed against Binance, Anthony Scaramucci, SkyBridge Capital, Crypto.com, and even Fwd.us, a lobby group backed by Mark Zuckerberg.
The lawsuits allege that the money transferred to the organisations was part of a larger "influence buying campaign" orchestrated by FTX founder Sam Bankman-Fried, who funnelled money into politics and traditional finance through sponsorships, investments and donations to burnish its reputation while masking FTX's growing financial instability, according to the lawsuit.