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Chelsea FC owner first in line for $350M payout if Genesis goes under

If Genesis fails, $350 million of the $600 million owed to Todd Boehly’s Eldridge would become due, according to the terms of the loan.

Bankman-Fried agrees to US extradition as FTX hunts down donations

Bankman-Fried will face criminal charges stateside. Meanwhile, FTX demands that third parties return funds given before its collapse.

It’s currently unclear what amount of FTX customer funds remains with its banking partner Cuscal, Omipay, or Monix.

Crypto bigwigs have joined the ranks of FTX influencers in recent years. Now, many are backtracking on their endorsements as some get sued.

Bitvavo is due up to $300 million after Bahamas-based FTX collapsed, leaving Genesis Trading and Digital Currency Group owing $1.8 billion.