FTX INVESTIGATION ALERT: Rosca Scarlato LLC Investigates Potential Claims Against Silvergate Capital Corporation on Behalf of FTX Customers Who Wired Funds to Alameda
Rosca Scarlato LLC is investigating potential claims against Silvergate Capital Corporation ("Silvergate") on behalf of customers of FTX Crypto Exchange ("FTX") who wired fiat currency to Alameda Research ("Alameda"). Following FTX's recent collapse, reports surfaced that Silvergate allegedly facilitated the transfer of FTX customer funds to Alameda. FTX may have told certain customers to wire money through SEN to bank accounts held by Alameda in order to make deposits. (PRNewswire)
SEC Charges Caroline Ellison and Gary Wang With Defrauding Investors in Crypto Asset Trading Platform FTX
Investigations into other securities law violations and into other entities and persons relating to the alleged misconduct are ongoing.
Bankman-Fried in FBI Custody, Ellison, Wang Plead Guilty and Are Cooperating
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have plead guilty to criminal charges, U.S. Attorney for the Southern District of New York Damian Williams announced.
Rosca Scarlato Investigates Potential Claims Against Silvergate on Behalf of FTX Customers
Rosca Scarlato LLC is investigating potential claims against Silvergate Capital Corporation ("Silvergate") on behalf of customers of FTX Crypto Exchange ("FTX") who wired fiat currency to Alameda Research ("Alameda").
At Least 30 Entities With Connections to FTX Have Been Subpoenaed by DOJ
Charles Gasparino on Twitter: "BREAKING: @SBF_FTX lawyers working to convince DOJ to grant SBF bail under some type of supervision in exchange for bail/cooperation once he is extradited--sources. DOJ investigation is extensive w nearly 30 entities/people w ties to SBF receiving subpoenas."
Sam Bankman-Fried’s Stay in Bahamian Prison Has Been Relatively Luxurious
According to Bloomberg, the former FTX CEO’s stay in Bahamian prison has been relatively luxurious. The report indicates that, contrary to the crypto community’s speculation, Bankman-Fried’s life in Fox Hill “has been about as good as it gets.”
FTX Creditors Seek Priority Payout for $1.6B Locked in Custody Wallets
A group of FTX customers seeking priority repayment of roughly $1.6 billion locked in their custody wallet on the bankrupt FTX exchange, the Financial Times reported.
Deribit Transfers 10,000 Ethereum to Bankrupt Firm Alameda Research, Raising Concerns
Bankrupt firm Alameda Research, the trading arm of the FTX exchange, has been receiving persistent transfers from Panama-based cryptocurrency derivatives exchange Deribit since December 10. Deribit had begun sending 2,000 ETH to Alameda in a series of five even transactions a month after FTX and Alameda filed for bankruptcy.
Bernie Madoff’s Lawyer: Sam Bankman-Fried Should ‘Shut Up’
Ira Lee Sorkin has two words of advice for Sam Bankman-Fried: “Shut up.”
Judge Approves Sam Bankman-Fried’s Extradition to United States
According to latest reports, FTX founder Sam Bankman-Fried is headed back to the United States to face criminal charges over the collapse of his crypto exchange, after a judge approved his extradition from the Bahamas. In an affidavit that was read aloud in court on Wednesday, Bankman-Fried stated that he had “a desire to make the relevant customers whole” and that he had agreed not to challenge his extradition.
