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Nalezeno "ftx CEO": 173

FTX CEO John Ray III sold its remaining Anthropic shares


The CEO of FTX Estate, John Ray III, sells its balance shares in Anthropic, amounting to 15 million, at a price of $30 per share. Through this, he managed to rake in the amount of $450 million. Incidentally, Anthropic is an AI startup that introduced its chatbot, Claude.  The FTX Estate has filed...

Sam Bankman-Fried Stands by Legal Team Amidst Conflict of Interest Concerns


Disgraced former FTX CEO Sam Bankman-Fried (SBF) on Wednesday confirmed plans to stick with his new lawyers Marc Mukasey and Torrey Young, who are also representing Celsius CEO Alex Mashinsky, according to a report by Reuters. In a hearing, U.S. Southern District Judge Lewis Kaplan asked...

Former FTX CEO Sam Bankman-Fried and Debtors Reach Settlement in Embed Proceeding


Image by Александр Поташев, Adobe Stock The bankrupt crypto exchange FTX and its debtors have reached a settlement agreement with founder Samuel Bankman-Fried and others to address certain claims related to the acquisition of the stock trading platform Embed. In a December 22 filing with the United...

Gary Gensler: Crypto Frauds Extend Beyond a Single Case


Image Source: CNBC Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has issued a warning about the prevalence of fraud in crypto, stating that there are multiple “notorious fraudsters” operating in the space. Gensler’s comments come on the heels of the criminal...

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