
FTX warns against Justin Sun-backed FUD tokens
Justin Sun approved the listing of FTX User Debt (FUD) token on Huobi Global claiming that FUD is a "top quality FTX debt asset.

Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.

Following FTX's bankruptcy, SBF's $400 million investment in Modulo Capital was converted into cash and kept in an interest-bearing account at JPMorgan.

FTX's committee of unsecured creditors has subpoenaed FTX insiders including Sam Bankman-Fried, Zixiao Wang, Caroline Ellison, and more.

Prosecutors allege the use of a VPN is no different than use of encrypted messaging apps like Signal, which SBF is forbidden to use while on bail

SBF's lawyers said he only used the VPN to watch the National Football League (NFL) playoffs and the Super Bowl via an international subscription.

After the fall of the FTX crypto exchange many investors have to reconsider their approach to investments to protect them from fraud, hacks, or misappropriation.

Open Exchange said there is "a $20 billion market of claimants" desperately searching for a marketplace to monetize their claims against bankrupt crypto firms.



