FTX Investors To Settle With Ex-Execs, Crypto Promoters

By Aislinn Keely ( March 28, 2024, 10:45 PM EDT) -- Investors who launched a multidistrict litigation over cryptocurrency exchange FTX's collapse have reached a set of settlements with the former inner circle of founder Sam Bankman-Fried as well as seven promoters who, together, have agreed to pay over $1. 3 million to resolve claims that they boosted a massive fraud scheme at the company. . . .

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This past year, a handful of attorneys secured billions of dollars in settlements and judgments for both classes and individual plaintiffs against massive companies and organizations like Facebook, Dell, the National Association of Realtors, Johnson & Johnson, UFC and Credit Suisse, earning them recognition as Law360's Titans of the Plaintiffs Bar for 2025.