FTX Cryptocurrency Exchange Collapse Litigation
The legal causation involves allegations that FTX and its promoters misrepresented the safety and backing of their assets, leading to investor losses. The misconduct and misrepresentations are central to establishing causation in the claims.
35
Pending actions
37
Total actions filed
Active
Status
06/05/2023
Established
Filing deadline
Initial filing date was February 10, 2023. Plaintiffs are generally expected to file within a few years of the collapse, considering statutes of limitations for securities and fraud claims (typically 2-4 years from discovery).
Who qualifies
Plaintiffs are primarily FTX customers and investors who purchased or held assets through FTX around the November 2022 collapse. They must demonstrate exposure to FTX's collapse by showing holdings or transactions during this period.
Products involved
- FTX tokens (FTT)
- Yield-Bearing Accounts (YBAs)
- cryptocurrency
- fiat deposits
Alleged injuries
- financial losses due to the collapse of FTX
- losses from sale of unregistered securities
Bellwether trials
No publicly available, detailed bellwether trial schedule or recent verdicts; ongoing settlement negotiations and proposed settlements are reported.
Settlement landscape
Specific settlement amounts or case values are not publicly disclosed. Court filings indicate ongoing efforts to resolve claims, including a proposed settlement announced in February 2026 by Fenwick & West.
Lead counsel
- Adam M. Moskowitz of the Moskowitz Law Firm
This page is generated from the official JPML pending-MDL report and public court records, refreshed monthly. It is provided for attorney reference and is not legal advice.
