SBF, FTX Cryptocurrency Exchange and Hedge Fund Failure Complaint

December 5, 2022

This class action, unusually, names five individuals and no companies as defendants, most likely because the companies involved in the associated events appear to have failed. The complaint brings suit against Samuel Bankman-Fried (SBF) and four others involved in his FTX cryptocurrency exchange and Alameda Research hedge fund, from which billions of dollars appear to have vanished.