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The FTX Recovery Trust has sued Bitcoin miner Genesis Digital Assets for $1.15B, alleging Sam Bankman-Fried funneled misappropriated FTX customer deposits to the firm and its founders. The case is part of efforts to claw back funds after FTX’s 2022 collapse.

The FTX Recovery Trust has sued Bitcoin miner Genesis Digital Assets for $1.15B, alleging Sam Bankman-Fried funneled misappropriated FTX customer deposits to the firm and its founders. The case is part of efforts to claw back funds after FTX’s 2022 collapse.
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