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In Re: FTX Cryptocurrency Exchange Collapse Litigation

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Case Number:

1:23-md-03076

Court:

Florida Southern

Nature of Suit:

Other Fraud

Multi Party Litigation:

Multi-district Litigation, Class Action

Judge:

K. Michael Moore

Firms

Companies

Government Agencies

Sectors & Industries:

  1. March 21, 2024

    The LA Boutique Repping MLB's Ohtani Amid Betting Scandal

    An unfolding sports betting scandal has prompted Los Angeles Dodgers superstar Shohei Ohtani to lawyer up, enlisting the West Hollywood boutique Berk Brettler LLP to advise him in a saga that has already led the club to fire his longtime interpreter.

  2. January 01, 2024

    Crypto White Collar Cases To Watch In 2024

    The coming year will see the U.S. Securities and Exchange Commission battle with crypto exchanges over how securities laws apply to digital assets, while federal prosecutors will be focused on holding crypto firms and executives responsible for vast compliance failures that happened under their watch.

  3. December 07, 2023

    Athletes, YouTubers, Banks Want Out Of FTX Litigation

    Attorneys for celebrities, sports figures, prominent investors and financial institutions have rushed a federal court in Florida with briefs contesting personal liability in connection with the collapse of the FTX cryptocurrency exchange, disputing claims that their positive public comments fueled a multibillion-dollar crypto bust.

  4. November 08, 2023

    Don't Let Fenwick And Celebs Slip FTX Suit, Investors Say

    Defunct cryptocurrency exchange FTX defrauded would-be investors with the help of a BigLaw firm and a roster of celebrities, and they must face multidistrict litigation over their alleged roles in the exchange's extraordinary collapse, the investors told a Miami federal judge days after the conviction of FTX's founder.

  5. October 10, 2023

    FTX Investors Can't Pause MDL Against Celeb Endorsers

    A Florida federal judge shot down FTX investors' bid to pause their multidistrict litigation against celebrities who endorsed the defunct cryptocurrency exchange, saying it's unclear what information investors would gain by staying the proceedings until after CEO Sam Bankman-Fried's criminal trial concludes.

  6. October 06, 2023

    FTX Investors Say Celebs Are 'Scared' To Pause MDL

    FTX shareholders responded Friday to opposition by a group of FTX's former celebrity endorsers to pausing the entire multidistrict litigation until after CEO Sam Bankman-Fried's criminal trial concludes, saying the celebrities are "scared" of what the criminal trial may unearth.

  7. October 05, 2023

    Celebrities Fight Bid To Delay FTX Investors' MDL

    A group of celebrities being sued by FTX shareholders for endorsing the cryptocurrency exchange before it collapsed last year asked a Miami federal judge Thursday to reject a request to pause the multidistrict litigation until after the criminal trial of company founder Sam Bankman-Fried concludes in New York.

  8. September 22, 2023

    Fenwick, Celebrities Seek To Toss FTX Investors' Suit

    Fenwick & West LLP, several celebrities and others facing investor claims related to the collapse of cryptocurrency exchange FTX have asked a Florida federal court to dismiss the litigation against them.

  9. September 18, 2023

    NFL QB And Influencers To Settle In FTX Collapse Suit

    Jacksonville Jaguars quarterback Trevor Lawrence is among three defendants who have reached proposed settlements in a multidistrict litigation brought by FTX customers who claim he and other sports and media personalities helped promote the collapsed cryptocurrency exchange.

  10. September 11, 2023

    SBF Cites 5th Amendment In Bid To Stall FTX Customers' Suit

    Sam Bankman-Fried on Monday asked a Florida federal court to pause FTX customers' proposed class action against him until his upcoming criminal trial has concluded, arguing that his Fifth Amendment rights would be "severely and impermissibly jeopardized" if he's forced to defend the customers' claims before the trial.