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Nalezeno "FTX.": 193

Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame


U.S. prosecutors are pushing for a 5 - 7 year sentence for former FTX executive Ryan Salame on charges stemming from his time at Sam Bankman-Fried’s doomed crypto exchange, a new court filing reveals. Salame is the first executive of the exchange outside of Sam Bankman-Fried to be formally...

Top Crypto Hedge Fund Faced Swiss Raid Over FTX-Linked Losses


Crypto hedge fund Tyr Capital Partners faces allegations of "criminal" mismanagement and was raided by a Swiss prosecutor over losses incurred in relation to FTX. The post Top Crypto Hedge Fund Faced Swiss Raid Over FTX-Linked Losses appeared first on Cryptonews

DOJ Charges Trio Behind $400 Million SIM Swap Attack on FTX


The United States Department of Justice has charged three individuals accused of masterminding the SIM-swapping attack that siphoned over $400 million from FTX. The indictment of the trio appears to undercut claims that incarcerated FTX founder Sam Bankman-Fried was the mastermind behind the hack....

Larry David Reflects on Super Bowl FTX Ad: ‘Like an Idiot, I Did It’


At the premiere of “Curb Your Enthusiasm’s” final season, Larry David expressed remorse for his participation in a Super Bowl commercial for FTX, reflecting on the decision as misguided after the cryptocurrency exchange’s bankruptcy. Larry David Admits Regret Over FTX Super...

Bankruptcy Move: FTX Ventures Cuts Deal with Dave for $100 Million Stake


Source: Sora Shimazaki / Pexels Dave, a fintech firm specializing in financial services through its mobile application, is set to acquire a $100-million convertible promissory note previously issued to FTX Ventures, the venture capital arm of bankrupt crypto exchange FTX.  The deal involves Dave...

Galaxy Digital on the Hunt for More Crypto Bankruptcy Assets Post-FTX Deal


Source: LinkedIn Galaxy Digital, the cryptocurrency group led by US billionaire Mike Novogratz, is seeking additional asset sales from bankrupt digital asset companies following a successful deal that involved selling coins held by FTX.  The transaction has significantly increased Galaxy’s...

Investment Firm Proof Group Eyes Revival of Bankrupt Crypto Exchange FTX


Source: AdobeStock / Rafael Henrique Proof Group is one of three bidders eyeing a potential acquisition of the fallen crypto exchange FTX according to multiple sources familiar with the matter. The investment firm is already familiar with the crypto sector. As part of the Fahrenheit Consortium,...

Bitcoin’s Price Surge Fails to Entice Former Day Traders


The price of Bitcoin has rallied in recent weeks, more than doubling from its November 2022 lows after the UK collapse of the cryptocurrency exchange FTX. Former day traders who previously made big profits from Bitcoin’s volatile swings say they have no plans to return, however, even...

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