December 12, 2023
A Delaware bankruptcy judge abruptly adjourned a hearing Tuesday, admonishing an FTX-linked entity and its counsel from Morgan Lewis & Bockius LLP for not providing all relevant documents in a quest to borrow $300,000 at an unusually high 250% interest rate to help keep the company's founder, convicted cryptocurrency fraudster Sam Bankman-Fried, at bay.
March 14, 2023
Cryptocurrency platform BlockFi and an entity owned by former FTX CEO Sam Bankman-Fried told a Delaware judge Tuesday they will attempt to work out an agreement to pause disputes between them and FTX over the ownership of over $500 million in stock.