FTX bankruptcy team strikes again, sues SkyBridge Capital and founder Scaramucci for $100 million

share
FTX bankruptcy team strikes again, sues SkyBridge Capital and founder Scaramucci for $100 million

The restructuring team of FTX, which had previously reached a settlement agreement with the cryptocurrency exchange Bybit, has recently shifted its focus to SkyBridge Capital and its founder Anthony Scaramucci, seeking compensation of up to 100 million US dollars.

FTX Team Targets SBF for Funding Injection from Skybridge Capital

According to documents, the FTX bankruptcy team alleges that SBF invested a significant amount of funds in Skybridge Capital before the collapse of FTX. These funds can be traced back to as early as January 2022 when SBF sponsored the SALT conference with a $12 million investment. Subsequently, in March 2022, SBF had Alameda Research invest $10 million in Skybridge Capital's Coin Fund. These collaborations quietly set the stage for FTX's financial crisis.

FTX Legal Battles Escalate as Teams Continue to Pursue Funds

Legal proceedings by FTX's bankruptcy restructuring team have been intensifying recently. On October 28th of this year, FTX filed a lawsuit against the exchange KuCoin, alleging violations of bankruptcy laws and demanding the release of $28 million in frozen cryptocurrency assets since FTX's closure in 2022. Due to market fluctuations, these assets have now appreciated to $50 million.

Additionally, FTX's affiliate Alameda Research filed a lawsuit against the exchange Crypto.com on November 7th, seeking to reclaim over $11 million in cryptocurrency assets held by Crypto.com since 2022. Since the collapse of FTX, U.S. authorities and related FTX teams have been actively pursuing funds to repay creditors.

Attention FTX Digital Markets customers! Please complete the KYC process within 30 days.