BlockBeats News, November 8, FTX filed a lawsuit to recover at least 11 million dollars from the Crypto.com account associated with Alameda Research. It is reported that after Alameda declared bankruptcy, Crypto.com locked its account and denied FTX administrators' requests for access to the funds.


FTX claims that before filing for bankruptcy, Alameda registered an account on Crypto.com under the name Ka Yu Tin (also known as Nicole Tin). According to the company, this practice is common in Alameda, which often opens accounts in the name of shell companies or employees to conceal its trading activities. However, FTX claims that Alameda funded and controlled the account.