For over $11 million from a Crypto.com account purportedly managed by its sibling firm, Alameda Research, FTX has sued.

Alameda launched the account under the name Ka Yu Tin (also known as Nicole Tin) as part of a larger practice of employing shell firms and staff identities to quietly trade crypto, according to a Nov. 8 court filing acquired by crypto.news.

FTX administrators were unable to access cash because Crypto.com suspended the account after Alameda filed bankruptcy.

FTX claims Crypto.com won't release the monies because the account name doesn't match the bankruptcy estate's representatives.

FTX has filed court-approved documentation outlining the account's complexity and claiming the assets belong to its creditors, but Crypto.com has not responded.

FTX is suing Crypto.com's parents, Foris MT and Iron Block, to obtain leverage. These firms have sued FTX for $18.4 million and $237,800 for pre-bankruptcy assets on its platform.

FTX says these entities' claims should wait until Crypto.com distributes the disputed assets.