FTX Trying Hard To Recover $700M Misappropriated Funds by SBF
On Thursday, in an effort to recover $700 million in investments allegedly made with diverted FTX money, the bankrupt cryptocurrency exchange FTX sued K5 Global and associates. According to a bankruptcy court lawsuit filed by FTX in Wilmington, Delaware, Sam Bankman-Fried (SBF), the company’s founder, was a “profligate patron” who