Crypto bank Silvergate has been hit with a class action lawsuit, alleging that it aided and abetted fraud carried out by FTX and its subsidiary Alameda Research.
The lawsuit was filed by Joewy Gonzalez “on behalf of all others similarly situated”, in which it is claimed that Silvergate “aided and abetted” FTX in fraud and breaches of fiduciary duty.
The complaint claims that Silvergate processed billions in transfers between the FTX client account on its platform and Alameda accounts. It also accuses Silvergate of accepting deposits from FTX investors which were fraudulently sent to Alameda to be misused.
In a direct quote in the complaint it was alleged that Sam Bankman-Fried, the then CEO of FTX, told a reporter that he had forgotten about the “improper transfers” until the collapse of his company. He was quoted as saying:
“it looks like people wired $8b to Alameda and ‘oh god we basically forgot about the stub account that corresponded to that so it was never deliver
We współpracy z: https://cryptodaily.co.uk/2022/12/silvergate-bank-faces-lawsuit-over-ftx-and-alameda-dealings
