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US Government's Push for FTX Inquiry Reaches Court of Appeals – Here's the Latest
31.5.2023
The US Government’s push for an independent inquiry of the now-bankrupt crypto exchange FTX was on Tuesday referred to the U.S. Third Circuit Court of Appeals.
The ruling, made by Delaware District Judge Colm F. Connolly, argued that the question of whether the case should be referred to...
Sam Bankman-Fried Leverages Law Firm Advice for FTX Fraud Defense
31.5.2023
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, is preparing to argue that he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud charges.
On Tuesday, his lawyers requested that prosecutors turn over documents that were provided...
The U.S. Justice Department Awaits Bahamas Response Regarding New Charges Against Sam Bankman-Fried
31.5.2023
The US Justice Department (DOJ) may drop some of the charges against the disgraced former FTX CEO Sam Bankman-Fried if authorities in the Bahamas objects to them.
The charges that could be dropped include those related to bank fraud, operating an unlicensed money transmitting service, and a case...
US Government Presses for Independent Examiner in FTX Bankruptcy Case
31.5.2023
Following the U.S. bankruptcy court judge’s rejection of the U.S. Trustee’s plea to designate an impartial investigator for the FTX bankruptcy case, the government is now appealing this verdict. In essence, the U.S. Trustee’s appeal has been forwarded to the U.S. Third Circuit...
Some SBF charges will be dropped if Bahamas objects, U.S. prosecutors say
30.5.2023
The charges relating to Sam Bankman-Fried’s alleged bank fraud, operating an unlicensed money transmitter service and bribing Chinese officials may be dropped
US District Judge sends matter of FTX independent examiner to appellate court
30.5.2023
A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit
FTX Examiner Appointment Referred to Court of Appeals by District Judge
30.5.2023
The U.S. government is pushing to have an independent inquiry into the crypto exchange despite concerns over cost
Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia Abandons National Crypto Exchange Plans, CoinEx Launches BitHK
30.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Key App Reveals Bridge Connecting Solana & Ethereum, ECB Publishes Two Reports on Digital Euro, Russia...
U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say
30.5.2023
Lawyers for the disgraced exchange executive filed pre-trial motions in early May to dismiss most of the charges on technicalities or procedural issues
Crypto Industry’s Reputation Takes a Hit: FTX and Bitcoin Rank at the Bottom of 2023 Axios Harris Poll 100
30.5.2023
A recent survey conducted by Axios and Harris Poll, which polled 16,310 Americans, has revealed some interesting findings about the reputation of two select entities in the crypto industry. FTX, a crypto exchange that has since gone out of business, has been ranked at the very bottom of the list...
Crypto exchange TrigonX latest to emerge from the FTX rubble
30.5.2023
TrigonX is back from the dead after it went into receivership in December, due in part to its $13 million exposure to bankrupt crypto exchange FTX
Temasek Adjusts Employee Compensation Following Unsuccessful FTX Investment
29.5.2023
Singaporean investment firm Temasek Holdings has lowered the compensation of senior management and the investment team responsible for investing in FTX.
An internal review found no misconduct by the investment team but Temasek's management still took "collective accountability" and reduced their...
Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team Who Recommended FTX Investment, Hong Kong Police Launches 'CyberDefender Metaverse' Platform
29.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team...
Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare
29.5.2023
Temasek wrote down the entirety of its investment in FTX in November
Temasek slashes compensation for execs responsible for its $275M FTX investment
29.5.2023
While “no misconduct” was determined by Temasek’s internal review, staff involved with the FTX investment will see a dent in their pay package
FTX 2.0 coming up, Multichain FUD and Worldcoin raises six figures: Hodler’s Digest, May 21-27
27.5.2023
FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman’s crypto project Worldcoin raises millions of dollars
Zondacrypto CEO: MiCA Regulations Will Stop ‘Rogue Exchanges’ From Profiting From Criminal Activity
26.5.2023
Although the implementation of the recently approved Markets in Crypto Assets (MiCA) regulations is likely to be difficult, their coming into force is going to have a positive outcome for everyone in the industry, Przemyslaw Kral, the CEO of the crypto exchange Zondacrypto, has said. Kral also...
Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by CoinTelegraph Owner Gregory Fishman
25.5.2023
Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund misappropriation
Today in Crypto: Fahrenheit Wins Celsius Acquisition, BTC-e Co-Founder Wants to be Included in a Russia-USA Prisoner Exchange, Bitpanda Joins Hands with Coinbase
25.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fahrenheit Wins Celsius Acquisition, BTC-e Co-Founder Wants to be Included in a Russia-USA Prisoner...
Basketball's Shaquille O'Neal Sued Over FTX and NFT
25.5.2023
NBA legend Shaquille O’Neal has been served legal papers related to the FTX bankruptcy and his NFT project after eluding process servers for months.
On Tuesday, the basketball icon was served during an NBA playoff game at the Miami sports stadium formerly known as FTX Arena, according to a report...