Did FTX go bankrupt?

REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing Rights HONG KONG/SINGAPORE, Nov 12 (Reuters) - Further details on the bankruptcy of crypto exchange FTX emerged on Saturday, even as peers and partners distanced themselves from the firm and sources told Reuters at least a billion dollars of customer funds on the exchange had vanished.

Did FTX file a lawsuit against embed founder Michael Giles & Sam Bankman-fried?

FTX filed three lawsuits late Wednesday in U.S. Bankruptcy Court in Delaware targeting former FTX insiders including indicted founder Sam Bankman-Fried, Embed executives including founder Michael Giles, and Embed shareholders.

Who owns FTX Japan holdings KK?

FTX Japan Holdings K.K. operated as a registered cryptocurrency exchange under Japan’s Financial Services Agency (FSA). It was known as Liquid Group Inc. before being acquired by FTX in April 2022 and also has a subsidiary, Quoine Pte Ltd., which operates a cryptocurrency exchange in Singapore.

Can FTX claw back withdrawals after bankruptcy?

The bankruptcy court might authorize FTX to claw back those withdrawals so that there can be a more equal payout for creditors who were unable to make withdrawals. In cases involving fraud, the clawback period can be extended for years. "It's risky to feel like you dodged a bullet, because sometimes you didn't," Harvard professor Jared Elias said.