# FTX lawsuit

Former Alameda Research CEO Caroline Ellison has been transferred to community confinement after serving approximately 11 months of her two-year sentence, earning early release through substantial cooperation in prosecuting FTX founder Sam Bankman-Fried.

Fenwick & West, a prominent Silicon Valley law firm, has rejected allegations that it played a central role in the collapse of crypto exchange FTX.

FTX has sued NFT Stars and Kurosemi after repeated efforts to secure SENATE, SIDUS and AGI tokens failed, the latest action in a $14.5 billion asset hunt that has recovered funds from Bybit and K5 Global and will help finance creditor repayments starting in May under a court-approved plan.