🚨Breaking: FTX, the bankrupt crypto exchange, is suing former Salameda employees for a whopping $157.3M! 😱 Apparently, these sneaky folks used their FTX connections to make fraudulent withdrawals just days before the bankruptcy. Talk about preferential treatment! 🤦♂️
Court documents say these transfers are "avoidable under the Bankruptcy Code." So, FTX's bankruptcy estate is on a mission to recover payments, even targeting former CEO Sam Bankman-Fried. 💼
The plot thickens with Slack messages as evidence! Matthew Burgess allegedly asked FTX employees to speed up withdrawal requests from an account owned by Michael Burgess. Over $123M of the total amount was withdrawn on or after November 7. 🕵️♂️
This lawsuit is just another layer of FTX's legal troubles, with former CEO Sam Bankman-Fried sitting in jail awaiting trial. FTX has already recovered $5B in assets but still owes customers a mind-blowing $8.7B! 💸
What do you think about this wild crypto drama? Share your thoughts in the comments! 🍿 #FTX #CryptoLawsuit
