Yugocean FTX

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FTX’s Latest Court Petition

4 Jul 2025 1 minute read 8 comments Yugocean

FTX’s New Request      FTX has recently submitted a request to the court, seeking approval for a revised process to handle claims from 49 restricted jurisdictions. Due to local laws and regulations that either prohibit or limit cryptocurrency trading...

3AC won $1.53B lawsuit against FTX

14 Mar 2025 1 minute read 0 comments Yugocean

FTX Burdened by 3AC      Judge John T. Dorsey of the US Bankruptcy Court in Delaware has ruled in favour of Three Arrows Capital (3AC)'s liquidators, permitting them to increase their claim against FTX to $1.53 billion, thereby overturning the object...

FTX files $1.76 billion recovery lawsuit against Binance and CZ

12 Nov 2024 1 minute read 0 comments Yugocean

The FTX v Binance again      The FTX filed is filing lawsuits against various entities to recover funds in order to repay creditors. In this series, recently the FTX has filed a $1.76 billion recovery lawsuit against the Binance exchange and its foun...

Scripted feud of FTX and Alameda with Grayscale

23 Jan 2024 1 minute read 2 comments Yugocean

     Understanding the conflict or collusion between FTX and Alameda, the ruins of SBF's collapsed empire, with DCG's Grayscale is complicated. FTX dumps GBTC      FTX held 22 million shares in Grayscale Bitcoin Trust (GBTC); those shares, worth ap...

SBF Trial is over, Judgement awaits chance

2 Nov 2023 1 minute read 0 comments Yugocean

     The trial of scam king SBF has been completed, while billions of assets have been transferred by the FTX empire.   SBF Trial is Complete      SBF's lawyers and prosecutors have completed their proceedings in the trial of SBF, the founder of th...

FTX will liquidate its digital assets to pay creditors

14 Sep 2023 1 minute read 2 comments Yugocean

     The SBF trail will begin in October, before which FTX has received permission from the US Court to liquidate a large stock of its crypto treasury. FTX will liquidate a large part of its treasury      FTX updated its Chapter 11 filing to includ...

Increased difficulty sends SBF back to Jail

12 Aug 2023 1 minute read 3 comments Yugocean

     Accepting the DoJ's appeal in the FTX case, Judge Lewis Kaplan's court revoked SBF's bail and put him back behind bars. Caroline's diary leak increased the difficulty      SBF had a difficult time getting bail, but Caroline Ellision's diary le...

FTX 2.0 plan for Dubai

4 Aug 2023 1 minute read 2 comments Yugocean

     John Ray III, the CEO of FTX, wants to revive FTX. Recently, FTX filed an appeal in US court to keep FTX Dubai out of the bankruptcy process; this hints that the location of FTX 2.0 is Dubai. Why is Dubai appealing for FTX?      Following the...

Carolyn Ellison becomes noose around SBF's neck

30 Jul 2023 1 minute read 2 comments Yugocean

     Caroline Ellison, the ex-allyless, companion, girlfriend of scam king Sam Bankman Fried (SBF), has become a problem to SBF's freedom in the FTX case. Diary leak lands SBF in Jail with GAG Order to all      Recently, the court sent SBF to jail...

Roar of gag order in court against SBF and FTX witnesses

24 Jul 2023 1 minute read 3 comments Yugocean

New York District Judge Lewis Kaplan's court is considering a gag order on SBF and other witnesses in the ongoing FTX trail, which will bar them from commenting on a witness to third parties. Request for gag order on Caroline Ellison's infamy The D...