cryptonews
2023-08-09 11:43:00

Leading Venture Capital Firms Including Softbank and Sequoia Named as Defendants In Fresh Lawsuit for Links With FTX

A class-action lawsuit filed in the United States District Court for the Northern District of California has named 18 venture capital investment firms as defendants for their links with the bankrupt crypto exchange FTX. The lawsuit has named major VC firms as defendants, including Temasek, Sequoia Capital, Sino Global and Softbank. The class-action lawsuit filed Tuesday, claims that these VC firms played an active role in enabling FTX fraud. ... Read More: Leading Venture Capital Firms Including Softbank and Sequoia Named as Defendants In Fresh Lawsuit for Links With FTX

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.