Three separate groups file competing claims for Bankman-Fried’s forfeited assets in FTX bankruptcy | Headlines | News | CoinMarketCap

06/16/2024 01:57
Three separate groups file competing claims for Bankman-Fried’s forfeited assets in FTX bankruptcy | Headlines | News | CoinMarketCap

In the latest chapter of FTX's bankruptcy process, three separate groups have filed recent claims over the assets seized from Sam Bankman-Fried …

In the latest chapter of FTX's bankruptcy process, three separate groups have filed recent claims over the assets seized from Sam Bankman-Fried following his criminal conviction. 

The FTX debtors' estate, led by John Ray III, Bankman-Fried's replacement as CEO, filed a claim on Friday to six categories of assets that government prosecutors have seized from Bankman-Fried, including funds at banks in the name of FTX-related entities Alameda Research and FTX Digital Markets, two private jets, Bankman-Fried and former FTX CFO Luk Wai Chan's funds at Silvergate bank, political contributions made by Bankman-Fried and other FTX executives, and, notably, the proceeds from the sale of Robinhood shares held by an FTX entity called Emergent Fidelity Technology Ltd ("Emergent"). 

The …

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