Odaily Planet Daily News According to a court document filed late Thursday, FTX has sued former employees of Salameda to recover approximately $157.3 million. Salameda is a Hong Kong-registered entity affiliated with FTX, allegedly controlled by SBF. The document states that Michael Burgess, Matthew Burgess, their mother Lesley Burgess, Kevin Nguyen, Darren Wong and two companies own or control several companies that have registered accounts on FTX.com and FTX US, and fraudulently withdrew assets in the days before FTX went bankrupt. It is alleged that within 90 days before FTX filed for bankruptcy on November 11, 2022, the so-called "priority period", the defendants obtained withdrawal benefits that constituted a priority transfer, "which was avoidable under bankruptcy law." At the time, the defendants scrambled to withdraw assets and used their relationships with FTX personnel to ensure that their withdrawal requests took precedence over other customers. (CoinDesk)