FTX Seeks to Recover $700 Million from Sam Bankman Fried's Affiliated Funds

Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide's investment firm, K5 Global, to retrieve $700 million in funds. On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam Bankman-Fried transferred to K5 entities in 2022. ... Read More: FTX Seeks to Recover $700 Million from Sam Bankman Fried's Affiliated Funds