US Internal Revenue Service Sues FTX for $44 Billion - Coinleaks
Current Date:November 7, 2024

US Internal Revenue Service Sues FTX for $44 Billion

US Internal Revenue Service ( IRS), FTXand its companies approximately $44 billionsued.

Bankrupt crypto startup FTX continues its legal battle. The company, which caused a major crisis last year and was taken into restructuring processes afterward, is in litigation with many organizations.

FTXhead of last IRSLooks like he got into trouble with it. IRS, FTXand companies like Alameda $44 billionworth a lawsuit.

US Internal Revenue Service Grabs FTX

US Internal Revenue Service ( IRS ), filed a multi-billion dollar lawsuit against bankrupt crypto exchange FTX and its affiliates. Also, the IRS filed a $20.4 billion claim from Alameda. This demand equates to $20 billion in taxes that FTX’s sister company did not pay.

According to the bankruptcy filings dated April 27 and 28, the IRS, FTX and its companies in a total of 45 requests found. These requests of the IRS will be evaluated in the first place by taking executive priority in the creditor case.

Recently, FTX has been putting a lot of effort into repaying its customers and restructuring the platform.