Search
Judge approves delaying forfeiture of donations from FTX-funded PACs
26.7.2024
Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange
Jump Trading Drags FTX Estate to Court Over $264M Serum Token Loan
11.7.2024
Jump Trading's Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol's current market cap
Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year
9.7.2024
Former FTX Director of Engineering Nishad Singh and former Chief Technology Officer Gary Wang are set to be sentenced this fall in the ongoing criminal case against what was once a global crypto exchange before it collapsed in historic fashion near the end of 2022
SBF family linked to $100M FTX scandal, legal trouble looms
5.7.2024
According to emails seen by the WSJ, Sam Bankman-Fried’s family allegedly funneled millions from FTX to political causes, raising significant legal questions
FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
18.6.2024
FTX's victims are seeking a court hearing to rule on their claim that all the failed crypto exchange's forfeited assets, about $8 billion, belong to its customers, not the bankruptcy estate
FTX victims go after company’s assets from criminal forfeiture
17.6.2024
Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions
Sam Bankman-Fried is back in NYC prison for his appeal
4.6.2024
The former FTX CEO spent roughly a week at the Federal Transfer Center in Oklahoma City, with many speculating authorities planned to send him to a California prison
Former FTX exec sentenced to 7.5 years in prison after guilty plea
28.5.2024
After Sam Bankman-Fried, Ryan Salame is one of the first individuals connected to FTX and Alameda Research to receive prison time
Ex-FTX CEO ends up in Oklahoma prison despite request from judge
23.5.2024
Records show Sam Bankman-Fried was in the Federal Transfer Center in Oklahoma City, suggesting authorities may still transfer him to a prison in California
FTX Fraudster Sam Bankman-Fried Being Transferred to New Prison: WSJ
23.5.2024
The location of the new prison is undisclosed as of early Thursday, but is thought to be in California, WSJ said. He is likely to be placed in a medium-security prison
Disgraced FTX Founder Sam Bankman-Fried is Being Transferred to California Prison
23.5.2024
Sam Bankman-Fried, sentenced to 25 years for financial fraud, is being moved to a federal correctional facility in California despite his request to stay in New York for appeal preparations.
The post Disgraced FTX Founder Sam Bankman-Fried is Being Transferred to California Prison appeared first...
US authorities will transfer SBF to California prison: Report
22.5.2024
The former FTX CEO has been housed in a cell at the Metropolitan Detention Center in Brooklyn since a judge revoked his bail in August 2023
US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame
22.5.2024
Prosecutors argue that former FTX executive Ryan Salame's crimes warrant a substantial prison term, beyond the 18 months previously requested by his lawyers, with sentencing scheduled for May 28.
The post US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame appeared first on Cryptonews
Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
19.5.2024
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per unit. Astonishingly, despite being tied to...
Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing
17.5.2024
Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX's collapse and is facing a maximum of 10 years in prison for...
Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame
16.5.2024
Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX
FTX Gets Backlash Despite Planned Full Repayment Plus Interest
15.5.2024
FTX is planning to repay customers, but the plan is facing a backlash from creditors. The plan involves paying creditors in US dollars based on their account value at the time of FTX's collapse, not the current market value of their crypto holdings. This has caused outrage among creditors who feel t...
Ex-FTX exec Ryan Salame asks for no more than 18 months in prison
15.5.2024
The former FTX Digital Markets co-CEO pleaded guilty to two felonies and was one of the only figures connected with the defunct crypto exchange who didn’t testify at SBF’s trial
Was Sam Bankman-Fried Proven Right About FTX’s Solvency?
10.5.2024
No
Sam Bankman-Fried, Commodities Trader Behind Bars: Former FTX CEO’s Prison Life While Awaiting Appeal
10.5.2024
Sam Bankman-Fried, former FTX CEO, discusses prison life and maintains his innocence after a 25-year fraud sentence.
The post Sam Bankman-Fried, Commodities Trader Behind Bars: Former FTX CEO’s Prison Life While Awaiting Appeal appeared first on Cryptonews