A ruling made by the Supreme Court of Victoria in January increases the possibility of Australian creditors of cryptocurrency exchange FTX recovering all their funds. Judge Patricia Matthews clarified in the ruling that only those who initiated Australian dollar withdrawal requests (about 747 investors) are eligible for a full refund.

Robert Powell, Emily Hernandez, and Carter Rohn have been charged with planning a SIM card exchange attack fraud, in which they stole more than 400 million US dollars when FTX went bankrupt. According to the indictment submitted by the Department of Justice in the Washington Federal Court, Robert Powell, Emily Hernandez, and Carter Rohn collected personal data of about 50 victims and used this information to convince mobile service providers to transfer the victims' phone numbers to their fake phones. This allowed the three to intercept text messages - including multi-factor authentication codes - which allowed them to access the victims' financial accounts and encrypted wallets. The indictment did not mention FTX, but two people familiar with the case confirmed that "Victim Company-1" in the court documents is actually FTX.

The prosecution in Sam Bankman-Fried’s criminal trial drilled into the jurors’ heads that FTX customer losses exceeded $8 billion, but never substantiated that claim. In reality, the crypto exchange had sufficient assets to make creditors whole all along – a fact that would likely change the public’s perception of its founder.

FTX is selling cryptocurrency assets and hoarding cash as bankruptcy advisers search for a way to repay customers whose accounts have been frozen since the platform collapsed in 2022.

According to on-chain analyst Yu Jin, two institutions in the bankruptcy liquidation process, Celsius and FTX/Alameda, transferred $59.71 million in assets today. Among them, the Celsius address transferred 22,500 ETH ($51.1 million) to Coinbase 7 hours ago. The Celsius address currently has only 40,000 ETH left, and it is expected to be fully transferred in the next few days. The two-month ETH sell-off by Celsius may be coming to an end. The FTX/Alameda address transferred 2,150 ETH ($4.88 million) to FalconX, 37,899 OKB ($2.03 million) to OKX, 435,694 MTL ($640,000) to Coinbase Prime, 54,575 PROM ($370,000) to Binance, 3,518,616 ALPHA ($340,000) to Binance, 90.8 YFII ($200,000) to OKX, and 9,508 CREAM ($150,000) to Binance 4 hours ago.

The Federal Appeals Court has ordered the appointment of an independent examiner in the FTX bankruptcy case to address concerns of fraud on the FTX platform. A panel of judges in Philadelphia last Friday supported the appeal of the US bankruptcy trustee, requiring an independent review of FTX's finances and business operations, including an investigation into unprecedented fraud that occurred prior to its bankruptcy, to ensure fairness.

According to a court document filed on Monday, FTX subsidiary Alameda Research has withdrawn its lawsuit against Grayscale Investments, which accused the firm of sacrificing shareholder interests for its own gain. It is reported that Alameda filed the lawsuit in March last year in a Delaware court, alleging that Grayscale charged exorbitant fees and refused to allow investors to redeem their shares from its two cryptocurrency-focused trust funds.

The Philadelphia Court has ruled that FTX must accept external investigations. In February 2023, Judge Dorsey rejected the request for third-party inspections. The ruling stated that such investigations could strengthen regulation and allow potential investors to understand the internal workings of such businesses.

PeckShield monitoring shows that the FTX/Alameda tagged address has transferred 4,400 XAUT (worth $8.9 million) to Coinbase and 1,000 ETH (worth $2.6 million) to Wintermute.

The parents of former FTX CEO SBF are seeking to dismiss FTX's lawsuit against them, denying allegations that they had knowledge of the cryptocurrency exchange and profited from the company's misconduct.According to court documents, Joseph Bankman and Barbara Fried's lawyers argue that FTX's lawsuit attempts to fully exploit the fact that they are the former CEO's parents. They reject the claim that Bankman had a fiduciary relationship with FTX, and even if he did, the plaintiff failed to reasonably state a breach.Previously, FTX's lawsuit claimed that Bankman and Fried profited from their access and influence within FTX at the expense of creditors in FTX's bankruptcy estate.