FTX Customers Sue Financial Firms That Found Crypto Exchange ‘Safe and Secure’

Former customers of FTX crypto exchange have sued three venture capital and private equity firms, accusing them in a proposed class action of fraudulently promoting the cryptocurrency exchange before it went bankrupt. According to a complaint filed late Tuesday in San Francisco federal court, Sequoia Capital, Thoma Bravo and Paradigm were "incentivized" in 2021 and 20...

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