Signature Financial institution Sued for ‘Considerably Facilitating’ FTX Comingling

Statistica Capital, an algorithmic buying and selling agency, and Statistica Ltd. declare the financial institution “had precise information of and considerably facilitated the now-infamous FTX fraud,” in keeping with a submitting within the U.S. District Court docket for the Southern District of New York dated Feb. 6. “Particularly, Signature knew of and permitted the commingling of FTX buyer funds inside its proprietary, blockchain-based funds community, Signet.”