Former FTX Customer Sues Hedge Fund, Says It Reneged on Bankruptcy Payout Deal
Alexander Nikolas Gierczyk of California says the hedge fund he sold his FTX bankruptcy claim to isn’t paying out what it promised.
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FTX Bankruptcy
Alexander Nikolas Gierczyk of California says the hedge fund he sold his FTX bankruptcy claim to isn’t paying out what it promised.
Jon Corzine and Sam Bankman-Fried were both politically-connected business leads who lost over $1 billion in customer funds, though their different outcomes shows that regulation does not always achieve what is promised. (Wikimedia Commons/CoinDesk)
The latest transactions followed $19 millions worth of crypto moved from FTX cold wallets to exchanges.
Are Sam Bankman-Fried’s victims being ripped off a second time?