Latest Wild FTX Allegations Include Plan to Buy Island of Nauru to Survive Cataclysm
- Claims are detailed in new lawsuit as part of FTX’s bankruptcy
- Complaint says one executive got $477 million shares for free
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Bankrupt FTX Trading Ltd.’s latest lawsuit against co-founder Sam Bankman-Fried and his former top executives revealed new details about the allegations of massive fraud at the fallen crypto conglomerate.
The complaint Thursday showed FTX Trading is seeking to claw back millions of dollars in cash and unwind over $1 billion in questionable transactions.