FTX, a bankrupt cryptocurrency exchange, is seeking information on millions of dollars it had previously given to the Center for AI Safety (CAIS), a nonprofit organization. FTX claims to have given $6.5 million to CAIS before its collapse and bankruptcy. The exchange wants a court to approve subpoenas to CAIS to inquire about the payments, funds, communications, agreements, and contracts between the two entities. FTX alleges that CAIS has rejected requests for an accounting of the transfers. The purpose of FTX’s request is likely to recover funds to repay its creditors and customers affected by the collapse. CAIS, known for its open statement on AI risk, has not yet responded to the request for comment. FTX’s proposed subpoenas also seek communications from various individuals associated with FTX, including co-founders Sam Bankman-Fried and Gary Wang. The exchange has recovered around $7 billion but needs an additional $1.7 billion to cover allegedly misappropriated customer funds.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	1
People	Sam Altman, Caroline Ellison, Daniel Friedberg, Geoffrey Hinton, Sam Bankman-Fried
Companies	OpenAI, Center for AI Safety (CAIS), Alameda Research, FTX Philanthropy, FTX
Currencies	None
Securities	None