{"id":24121,"date":"2023-10-26T05:39:25","date_gmt":"2023-10-26T05:39:25","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/ftx-probes-6-5m-in-payments-to-ai-safety-group-amid-clawback-crusade\/"},"modified":"2023-10-26T05:39:28","modified_gmt":"2023-10-26T05:39:28","slug":"ftx-probes-6-5m-in-payments-to-ai-safety-group-amid-clawback-crusade","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/ftx-probes-6-5m-in-payments-to-ai-safety-group-amid-clawback-crusade\/","title":{"rendered":"FTX probes $6.5M in payments to AI safety group amid clawback crusade"},"content":{"rendered":"
Bankrupt crypto exchange FTX is looking to demand information on millions of dollars in payments it had previously given to a nonprofit AI safety organization \u2014 the Center for AI Safety (CAIS).<\/p>\n
In an Oct. 25 bankruptcy court filing, the lawyers helming FTX claimed the firm gave $6.5 million to CAIS between May and September 2022 \u2014 months before the crypto exchange collapsed and declared bankruptcy.<\/p>\n
FTX wants a Delaware Bankruptcy Court judge to approve issuing subpoenas to CAIS that query if it received payments, funds, communications or entered into agreements or contracts with FTX, its affiliates and former executives.<\/p>\n