FTX bankruptcy estate sues Anthony Scaramucci, FWD.us, others – TechCrunch

The FTX bankruptcy estate has filed a lawsuit against several prominent figures, including Anthony Scaramucci and FWD.us, for allegedly aiding and abetting fraudulent transfers. The lawsuit, filed in the United States Bankruptcy Court for the Southern District of New York, claims that Scaramucci, FWD.us, and others received millions of dollars from FTX founder Sam Bankman-Fried in the months leading up to the cryptocurrency exchange’s collapse.

According to the lawsuit, these transfers were made with the intention of defrauding FTX’s creditors and preventing them from recovering their investments. The lawsuit alleges that Scaramucci and others were aware of the fraudulent nature of these transfers and knowingly participated in them.

FTX filed for bankruptcy in October after experiencing a significant drop in trading volume and facing numerous legal challenges. The bankruptcy estate is now seeking to recover the funds that were transferred to Scaramucci, FWD.us, and other parties in order to distribute them to FTX’s creditors.

The lawsuit marks a significant development in the ongoing fallout from FTX’s collapse and highlights the potential legal consequences for individuals and organizations involved in fraudulent activities within the cryptocurrency industry.

https://www.reuters.com/technology/us-ordered-tsmc-halt-shipments-china-chips-used-ai-applications-source-says-2024-11-10/