Check out my new article: https://litigationfinancejournal.com/nugenesis-seeks-litigation-funding-for-claim-against-ftx/

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NuGenesis Seeks Litigation Funding for Claim Against FTX

NuGenesis (the purveyor of NuCoin), is reported to be exploring AI and litigation finance as investment tools in claims against  FTX and Alameda Research’s alleged fraud. 

Cointelegraph characterizes NuGenesis as a well respected source for quality innovation in the digital asset ecosystem. After NuCoin was attacked by FTX, executives at NuGenesis began to employ AI technology to digest what could be happening behind the scenes at Alameda and the Japanese arm of FTX. 

Touted as ‘groundbreaking’ by Cointelegraph, NuGenesis’ crypto fraud detection software has been instrumental in uncovering alleged inconsistencies of fiduciary duty across FTX’s global enterprise. NuCoin is said to have tallied almost $55B in potential damages associated with potential FTX scams against the token. 

The FTX saga could yield new opportunities for litigation financiers in the crypto litigation space. As an added bonus, we have included 185 highlights to the Office of Legal Education’s “Prosecuting Computer Crimes” handbook for reference.