Legal

Legal
TD Bank and HBSC Make ‘Monumental’ Settlement in $7B Ponzi Case
February 27, 2023

A group of banks have agreed to settle a lawsuit tied to a $7 billion Ponzi scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

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New Criminal Charges Allege Bankman-Fried Used FTX Funds as Personal Piggy Bank
February 24, 2023

Sam Bankman-Fried’s associates have flipped on him, and now here comes the script. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen
February 23, 2023

Federal prosecutors have indicted FTX founder Sam Bankman-Fried for a host of new crimes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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Twitter Allegedly Stiffs Landlords and Vendors $14M
February 20, 2023

Twitter has reportedly faced nine lawsuits alleging unpaid bills since Elon Musk purchased the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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FTX Looks to Recover $400M From Hedge Fund Modulo
February 15, 2023

FTX is reportedly negotiating the return of $400 million invested by its disgraced founder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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Lawyers Say Bankman-Fried Needed VPN to Watch Super Bowl LVII
February 15, 2023

House arrest isn’t getting any sweeter for disgraced FTX crypto founder Sam Bankman-Fried. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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Bankman-Fried SEC Case Postponed Until After Criminal Trial
February 14, 2023

The federal government’s civil cases against Sam Bankman-Fried are on hold, at least for now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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Robinhood Looks to Retake 55M Shares Tied to FTX Case
February 09, 2023

Robinhood hopes to buy back 55 million shares from Sam Bankman-Fried’s Emergent Fidelity Technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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Patience Wearing Thin for Judge Overseeing Bankman-Fried FTX Case
February 08, 2023

Sam Bankman-Fried is heading back to New York to face a federal judge once more.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...