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<\/p>\nBankrupt 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
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The exchange claims CAIS rejected \u201crequests to voluntarily provide an accounting related to the transfers\u201d and the two firms had an August phone call and emails in early October.<\/p>\n
CAIS did not immediately respond to a request for comment.<\/p>\n
FTX\u2019s request to probe CAIS is likely part of its efforts to recover funds to repay its creditors and customers caught in its collapse in November 2022. In a June report, FTX said it had recovered around $7 billion and needed another $1.7 billion to cover customer funds it alleges were misappropriated.<\/p>\n
Related: <\/em><\/strong>Will Sam Bankman-Fried fix his case when he takes the stand?<\/em><\/strong><\/p>\n CAIS is likely best known for an open statement on AI risk published in May, which said mitigating extinction risks from AI should be prioritized alongside nuclear war. The statement was signed by multiple high-profile figures including OpenAI CEO Sam Altman and the \u201cGodfather\u201d of AI Geoffrey Hinton.<\/p>\n FTX\u2019s proposed subpoenas request that CAIS produce an array of transfers, documents and communications it received from FTX, FTX Philanthropy, the FTX Foundation, the FTX Future Fund \u201cor any officer, director, contractor or employee\u201d of FTX.<\/p>\n It also asks for communications specifically from co-founders Sam Bankman-Fried and Gary Wang, Bankman-Fried\u2019s father Joseph Bankman and brother Gabriel Bankman-Fried, former Alameda Research CEO Caroline Ellison and former FTX lawyers Can Sun and Daniel Friedberg, among others.<\/p>\n