FTX attempting to recover millions donated to charities
Some charities have voluntarily agreed to return the funds, some have already spent the money, while others are awaiting legal clarity.
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Some charities have voluntarily agreed to return the funds, some have already spent the money, while others are awaiting legal clarity.
Monika Ghosh 4 min read
The subpoenas were issued as part of an on-going investigation into potential violations of US anti-money laundering laws by Binance.
Barry Silbert's crypto empire the Digital Currency Group said it has "always conducted its businesses lawfully."
The leading cryptocurrency spiked to $16,795 in response to strong labor market data.
Roughly $3 million of investors' funds were taken by Aurelien Michel through a smart contract backdoor function.
Singh is the latest of Sam Bankman-Fried's associates to come under investigation.
Kyle Davis is expected to provide all documents detailing 3AC's accounts, wallet addresses, and private keys.
According to the lawsuit, Mashinsky must pay damages, restitution, and disgorgement, as well as be barred from doing business in New York.
Avraham Eisenberg has been remanded to the custody of the U.S. Attorney, who will oversee his imprisonment pending trials.
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