SBF Cites 5th Amendment In Bid To Stall FTX Customers' Suit

By Hailey Konnath · September 11, 2023, 10:11 PM EDT

Sam Bankman-Fried on Monday asked a Florida federal court to pause FTX customers' proposed class action against him until his upcoming criminal trial has concluded, arguing that his Fifth Amendment rights...

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Bankruptcy Scorecard

Summary

Cryptocurrency exchange FTX filed for Chapter 11 on Nov. 11, 2022, after a rapid collapse in value.

Case Number

1:22-bk-11068

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Total liabilities are still to be determined, as a full plan has yet to be filed and FTX's tax liability is still being resolved. The IRS has filed a claim for $8 billion.

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Documents

Related Sections

Case Information

Case Title

In Re: FTX Cryptocurrency Exchange Collapse Litigation

Case Number

1:23-md-03076

Court

Florida Southern

Nature of Suit

Other Fraud

Date Filed

June 05, 2023

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