Swiss prosecutors raided Tyr Capital Partners, a crypto hedge fund based in Geneva, following a criminal mismanagement complaint filed by investor TGT. TGT accused Tyr of ignoring internal risk limits and investor warnings over exposure to FTX, which ultimately collapsed. Tyr Capital Partners denies any wrongdoing and claims to have complied with regulatory and contractual obligations. TGT is currently working to wind up the portfolio and control remaining assets. The collapse of FTX caused many firms to suffer losses and has led to ongoing investigations and lawsuits.

On February 17th, Estes, co-head of the General Crimes Bureau in the southern district of New York, stated that due to the rise of cryptocurrency assets, the amount of losses in the FTX case will cause intense controversy during sentencing. If all clients and creditors are compensated, the defense may argue for a significant reduction in the amount of losses, even to $0.<br>According to relevant US laws, for cases of fraud that cause lower losses, the recommended sentencing range is 24-30 months. Therefore, SBF may receive a lenient sentence in next month's ruling.&nbsp;

According to PeckShield monitoring, FTX/Alameda transferred 1000 ETH (worth about $2.3 million) to Coinbase, 54,500 RLC (worth about $117,800), 2.4 million SNT (worth about $90,500), 6,900 NMR (worth about $190,000), 618,000 OXT (worth about $61,000) and 162,500 POWR (worth about $48,000) to Coinbase Prime, 103,500 NEXO (worth about $90,000) to FalconX, and 4.4 million ALPHA (worth about $412,000) to Binance.

According to sources, cryptocurrency investment company Multicoin Capital is discussing the sale of its FTX bankruptcy claim, which is worth approximately $100 million. Positive news about the FTX bankruptcy claim has raised the claim price to over 70 cents per dollar and gradually risen to around 80 cents. Companies like Multicoin that have been inadvertently affected by the FTX bankruptcy have been contacted by claim buyers for over a year, and as potential bids rise, these companies are evaluating the opportunity cost of capital and choosing to sell early rather than wait.

According to court documents released on February 3, FTX (including Alameda) is seeking court approval to sell all of its shares in artificial intelligence (AI) company Anthropic. According to the latest disclosure, FTX believes that now is the "best and most appropriate time to coordinate the sale of Anthropic shares", and the sale of the company's shares is to "maximize shareholder interests". <br>

According to court filings, the estate of bankrupt crypto exchange FTX is looking to sell its shares in AI startup Anthropic. FTX's estate owns approximately 7.84% of Anthropic, which received a $500 million investment from FTX and Alameda in 2021. The estate had attempted to sell the stake last year, but the process was paused in June 2023. The proposed sale procedures will allow the estate to coordinate the sale of Anthropic shares at an optimal time and maximize the value for all stakeholders. A hearing on the matter may take place later this month.

A ruling made by the Supreme Court of Victoria in January increases the possibility of Australian creditors of cryptocurrency exchange FTX recovering all their funds. Judge Patricia Matthews clarified in the ruling that only those who initiated Australian dollar withdrawal requests (about 747 investors) are eligible for a full refund.

Robert Powell, Emily Hernandez, and Carter Rohn have been charged with planning a SIM card exchange attack fraud, in which they stole more than 400 million US dollars when FTX went bankrupt. According to the indictment submitted by the Department of Justice in the Washington Federal Court, Robert Powell, Emily Hernandez, and Carter Rohn collected personal data of about 50 victims and used this information to convince mobile service providers to transfer the victims' phone numbers to their fake phones. This allowed the three to intercept text messages - including multi-factor authentication codes - which allowed them to access the victims' financial accounts and encrypted wallets. The indictment did not mention FTX, but two people familiar with the case confirmed that "Victim Company-1" in the court documents is actually FTX.

The prosecution in Sam Bankman-Fried’s criminal trial drilled into the jurors’ heads that FTX customer losses exceeded $8 billion, but never substantiated that claim. In reality, the crypto exchange had sufficient assets to make creditors whole all along – a fact that would likely change the public’s perception of its founder.

FTX is selling cryptocurrency assets and hoarding cash as bankruptcy advisers search for a way to repay customers whose accounts have been frozen since the platform collapsed in 2022.

According to on-chain analyst Yu Jin, two institutions in the bankruptcy liquidation process, Celsius and FTX/Alameda, transferred $59.71 million in assets today. Among them, the Celsius address transferred 22,500 ETH ($51.1 million) to Coinbase 7 hours ago. The Celsius address currently has only 40,000 ETH left, and it is expected to be fully transferred in the next few days. The two-month ETH sell-off by Celsius may be coming to an end. The FTX/Alameda address transferred 2,150 ETH ($4.88 million) to FalconX, 37,899 OKB ($2.03 million) to OKX, 435,694 MTL ($640,000) to Coinbase Prime, 54,575 PROM ($370,000) to Binance, 3,518,616 ALPHA ($340,000) to Binance, 90.8 YFII ($200,000) to OKX, and 9,508 CREAM ($150,000) to Binance 4 hours ago.

The Federal Appeals Court has ordered the appointment of an independent examiner in the FTX bankruptcy case to address concerns of fraud on the FTX platform. A panel of judges in Philadelphia last Friday supported the appeal of the US bankruptcy trustee, requiring an independent review of FTX's finances and business operations, including an investigation into unprecedented fraud that occurred prior to its bankruptcy, to ensure fairness.

According to a court document filed on Monday, FTX subsidiary Alameda Research has withdrawn its lawsuit against Grayscale Investments, which accused the firm of sacrificing shareholder interests for its own gain. It is reported that Alameda filed the lawsuit in March last year in a Delaware court, alleging that Grayscale charged exorbitant fees and refused to allow investors to redeem their shares from its two cryptocurrency-focused trust funds.

The Philadelphia Court has ruled that FTX must accept external investigations. In February 2023, Judge Dorsey rejected the request for third-party inspections. The ruling stated that such investigations could strengthen regulation and allow potential investors to understand the internal workings of such businesses.

PeckShield monitoring shows that the FTX/Alameda tagged address has transferred 4,400 XAUT (worth $8.9 million) to Coinbase and 1,000 ETH (worth $2.6 million) to Wintermute.

The parents of former FTX CEO SBF are seeking to dismiss FTX's lawsuit against them, denying allegations that they had knowledge of the cryptocurrency exchange and profited from the company's misconduct.According to court documents, Joseph Bankman and Barbara Fried's lawyers argue that FTX's lawsuit attempts to fully exploit the fact that they are the former CEO's parents. They reject the claim that Bankman had a fiduciary relationship with FTX, and even if he did, the plaintiff failed to reasonably state a breach.Previously, FTX's lawsuit claimed that Bankman and Fried profited from their access and influence within FTX at the expense of creditors in FTX's bankruptcy estate.

FTX and Celsius made significant transactions of over $35 million worth of WBTC and ETH, which garnered global attention among crypto market enthusiasts. The two entities transferred the tokens to CEXs amid a price surge, sparking immense curiosity among market fanatics. FTX and Alameda moved $11.72 million worth of WBTC and ETH to Binance and Coinbase, while Celsius network unstaked and transferred 10,000 ETH, worth $23.39 million, to Coinbase and FalconX. As a result, the prices of WBTC and ETH surged, with Wrapped Bitcoin showcasing a 6.42% surge and Ethereum's price noting an upsurge of 3.45% over the past 24 hours.

According to Arkham monitoring, the FTX attacker today mixed $7.3 million worth of Bitcoin. Approximately 60% of the original stolen assets have been mixed, which is worth over $600 million at today's prices.<br>It is reported that the FTX attacker initially bridged 4,540 BTC through the Ren Protocol in late November 2022, worth about $75 million at the time and now worth over $185 million.In October 2023, they exchanged $142 million worth of ETH into BTC through Thorchain and immediately deposited it into a mixer. If converted at market rates and held in BTC form, this asset is now worth over $220 million.

PRNewswire reported that Dave Inc. in the United States announced that it had reached an agreement with FTX Ventures Ltd. to repurchase $100 million convertible bonds originally issued to FTX at a discounted price of $71 million. The completion conditions of this transaction are the approval of the agreement by the bankruptcy court and FTX not conducting any other transactions of convertible bonds.

FTX, a bankrupt cryptocurrency exchange, is pursuing legal claims and lawsuits in an effort to recover billions of dollars lost in an $8 billion fraud lawsuit. The exchange has settled with some creditors, including Genesis, for a total of $175 million. FTX plans to pursue more lawsuits in 2024 and analysts predict the legal battles could continue for some time. If successful, the lawsuits could result in a recovery of billions for FTX and a possible restoration of operations and better investor sentiment.