In a new development around the US SEC’s probe on FTX collapse, the U.S. House Committee on Financial Services Republicans raised serious concerns about the way the matter was handled. In what could go down as a huge remark against Gary Gensler‘s SEC, the committee chairman Patrick McHenry sought all records and communications from the agency about the ongoing investigation. “The American people transparency from you and your agency,” the chairman said. The House committee chairman asked for the records to be submitted in two weeks time.

Sam Bankman-Fried (SBF) and other FTX executives were major US political donors. But they were also active internationally, with one related Australian entity making $27,540 in donations in the 2021-2022 cycle according to Annual Returns published by the Australian Electoral Commission (AEC).

According to a Feb. 9 Reuters report, Judge Lewis Kaplan of United States District Court for the Southern District of New York upheld his ruling that Bankman-Fried be restricted from using encrypted messaging apps as a condition of his release on a $250-million bond. The judge ordered SBF not to communicate using apps like Signal on Feb. 1, but the former CEO’s legal team and prosecutors had negotiated a deal allowing for exceptions including Facebook Messenger, Zoom, and Facetime.

Court documents have revealed the eye-watering costs behind the ongoing FTX bankruptcy saga. Sam Bankman-Fried paid nearly $20m in fees between November's collapse and the end of 2022.

Wallets linked to now-bankrupt Alameda Research became active again on Feb. 7, transferring out millions worth of FTX exchange’s native token, FTX Token (FTT). The Alameda wallet activity post FTX bankruptcy filing has been a big concern for the crypto community, with many questioning the merits of the law enforcement agencies and how these wallets are being accessed.

Lawyers representing bankrupt crypto broker Voyager Digital have served former FTX CEO Sam Bankman-Fried and other FTX and Alameda Research executives with subpoenas requesting information. The subpoenas have a very wide scope, with Voyager’s lawyers seeking copies of any documents and communication between FTX entities and the Securities and Exchange Commission (SEC) or the Department of Justice (DOJ) according to the Feb. 6 filing. Amongst a plethora of other requested documents, the lawyers also want to see information relating to the loan portfolio between Alameda and Voyager as well as FTX’s financial condition before and after it filed for bankruptcy on Nov. 11, 2022. (Cointelegraph)

FTX founder Sam Bankman-Fried spent more time lobbying lawmakers in D.C. than any other executive that Blockchain Association executive director Kristin Smith has seen in her 20-year career.

Former FTX chief Sam Bankman-Fried has appealed a judge’s decision to allow the identities of the two currently unidentified people who co-signed his $250 million bail bond to be made public, according to a filing made on Tuesday. It was already known that Bankman-Fried’s parents also co-signed the bond, but the other names were kept private.

U.S. prosecutors have asked that the civil fraud cases brought by the Securities Exchange Commission and the Commodity Futures Trading Commission against FTX founder Sam Bankman-Fried be postponed until after the criminal case against him has concluded, according to a filing on Tuesday.

A U.S. District judge rejected Sam Bankman-Fried’s request to modify his bail terms and cancel a Thursday hearing on the issue, according to court documents filed on Tuesday.

Sam Bankman-Fried’s (SBF) attorney Mark Cohen said an agreement had been reached with prosecutors to allow the arrested FTX founder to use some messaging applications — excluding Signal.

British Virgin Islands-based investment management and cryptocurrency trading firm Statistica Capital has filed a lawsuit against New York-based Signature Bank, alleging that the financial institution facilitated the fraudulent activities of crypto exchange FTX before its collapse.

Attorneys for former FTX CEO Sam Bankman-Fried asked that he be allowed to communicate electronically again after being barred from doing so in January. The request came in a letter sent to District Court Southern District of New York Judge Lewis A. Kaplan after prosecutors alleged Bankman-Fried may have engaged in witness tampering. In exchange for allowing Bankman-Fried to have supervised communication, his attorneys say they will not fight the order barring him from transferring assets related to FTX and Alameda Research. Federal prosecutors said in a four-page filing the former billionaire, who is currently facing life in prison on charges of fraud and conspiracy, tried to contact Ryne Miller, general counsel for FTX US, through the Signal encrypted messaging app. (Decrypt)

John J. Ray III, who is the new CEO of the now defunct crypto exchange FTX, told a judge in Delaware on Monday that he billed the exchange $690,000 for little under two months’ worth of work guiding the exchange through the bankruptcy process. According to prior FTX news, Ray previously disclosed to the court that he bills $1,300 per hour.

Sam Bankman-Fried’s (SBF's) lawyers have reached an agreement with federal prosecutors concerning his use of messaging apps. According to a Feb. 6 court document, both parties have agreed SBF “shall not use any encrypted or ephemeral call of messaging application, including but not limited to Signal.” However, under the agreement, the former FTX CEO will be able to access FaceTime, Zoom, iMessage, SMS text, email and Facebook Messenger. (Cointelegraph)

New FTX administrators seek to claw back millions of dollars in donations made to politicians prior to the company’s bankruptcy.

Bidders have been given more time to register their interest in the crypto exchange FTX’s Japanese arm, FTX Japan.

Huobi recently treated FTX users with great news. The exchange has recently listed the FTX users’ Debt (FUD) token. The bond token showcases the high-value FTX debt asset that can assist crypto users everywhere. The token will allow creditors to access a new level of liquidity, letting them trade FTX debt across the market.

Justin Sun, the founder of exchange Huobi, has put his name behind Debt DAO, a project claiming to be issuing FTX users’ debt as a bond token, FUD, on behalf of FTX creditors. In a Twitter thread, Debt DAO said it has been notified of around $100 million in debt by FTX creditors.

FTX told the political world Sunday the bankrupt crypto exchange wants its money back, after millions of dollars flowed into the hands of candidates and action committees under the direction of founder and former CEO Sam Bankman-Fried or others in his regime.