FTX Recovery Trust Archives

FTX Recovery Trust Sues Genesis Digital for $1.15 Billion Over Misused Customer Funds

By Austin Mwendia9/24/2025

Highlights: FTX Recovery Trust has sued Genesis Digital over alleged misuse of customer funds. Bankman-Fried directed Alameda Research to buy Genesis Digital shares at inflated prices despite warning signs. The trust is still reimbursing customers with $1.6 billion expected in […]