Financial advisors handling the FTX bankruptcy are asking a federal court if they can recover millions spent on celebrity endorsements to help pay off debtors during its bankruptcy.
Following the FTX exchange collapse, lawyers are pursuing FTX settlements from a number of companies and entities on behalf of investors who lost money.
The U.S. JPML has consolidated all investor lawsuits over the FTX scandal before one federal judge for coordinated pretrial proceedings.
Investors have filed FTX lawsuits against financial backers and celebrity endorsers of the failed cryptocurrency exchange, saying they promoted the platform without doing their due diligence to ensure it was…
The U.S. JPML will hear oral arguments next month over whether all FTX cryptocurrency exchange class action lawsuits should be consolidated for pretrial proceedings.
Plaintiffs who have filed FTX cryptocurrency exchange collapse lawsuits are calling for claims to be consolidated before one federal judge for pretrial proceedings.
