VCs Consider Suing Bankman-Fried
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Venture capitalists who collectively plowed billions of dollars into FTX are discussing whether to sue Sam Bankman-Fried for alleged fraud, two people familiar with the matter said.
A lawsuit would be aimed at recovering money to offset what shareholders have likely lost now that FTX has filed for bankruptcy. Among the questions are whether Bankman-Fried will have enough personal assets for investors to pursue.
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[email protected] Âom. Profile and archive →. Follow Cory on Twitter. [email protected] Âom. Profile and archive →. Follow Kate on Twitter. Venture capitalists who collectively plowed billions of dollars into FTX are discussing whether to sue Sam Bankman-Fried for alleged fraud, two people familiar with the matter said. A lawsuit would be aimed at recovering money to offset what shareholders have likely lost now that FTX has filed for bankruptcy. Among the questions are whether Bankman-Fried will have enough personal assets for investors to pursue.