AiCoin
AiCoin|Sep 23, 2025 20:45
[FTX Trust Sues Genesis Digital, Seeking $1.5 Billion] The FTX restructuring trust has filed a lawsuit against Bitcoin mining company Genesis Digital Assets in the Delaware bankruptcy court, accusing former CEO SBF of misappropriating $1.15 billion through Alameda for investment, claiming its valuation is inflated and financial statements are inaccurate. The lawsuit demands the recovery of $1.5 billion. A spokesperson for Genesis Digital declined to comment.
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