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Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan
13.11.2023
Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million
Former FTX Executives Collaborate on New Dubai-Based Crypto Exchange – Here’s the Latest
13.11.2023
Image Source: Pixabay A group of former FTX executives have joined forces to establish a new crypto trading platform based in Dubai. Led by Can Sun, the former general counsel of FTX, the startup is called Trek Labs and received a license from Dubai’s crypto regulator last month, according...
FTX Bankruptcy Team Sues Crypto Exchange Bybit for $1 Billion – What’s Going On?
12.11.2023
Source: Adobe / Ascannio FTX’s bankruptcy advisers have filed a lawsuit against crypto exchange Bybit Fintech and its two affiliated companies. The lawsuit aims to recover approximately $953 million worth of cash and digital assets that were withdrawn from Sam Bankman-Fried‘s...
We've Seen the FTX Collapse Before
10.11.2023
“Sam Coins” Rally Ahead of Potential March Trial, FTX Reboot
10.11.2023
Source: a video screenshot, ABC News / YouTube A number of altcoins bankrolled by recently convicted FTX founder, Sam Bankman-Fried, appropriately dubbed “Sam coins,” have continued to rally this week ahead of his potential March trial. With FTT up 200%, altcoins such as serum, maps,...
Solana Tokens Sees Risky Bets Increase After End of Sam Bankman-Fried Trial
9.11.2023
Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle
SBF Trial: The Last Day of Summer Camp
9.11.2023
We weren't really sure if it was the last day or not. The jury determining Sam Bankman-Fried's fate had begun deliberating the charges just a few hours before, after Judge Lewis Kaplan had spent much of the morning and some time after lunch reading out a 60-page charging document. Surely a case...
Gary Gensler: Crypto Frauds Extend Beyond a Single Case
9.11.2023
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...
Convicted Sam Bankman-Fried’s Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury
8.11.2023
Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have...
How Sam Bankman-Fried Mastered the Art of Crypto Marketing
7.11.2023
But ended up as a failed leader
Sam Bankman-Fried's Wildest, Craziest, Dumbest Trades
7.11.2023
Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX
7.11.2023
Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation
How agencies can play a role in NFT and digital collectable creation
7.11.2023
No matter their specialization, agencies have a unique power to shape the trajectory of Web3 adoption and elevate the realm of digital assets
What's Next for Sam Bankman-Fried's Legal Case?
7.11.2023
The story of "United States v. Sam Bankman-Fried" isn't quite over yet. Now that he's been found guilty on seven different charges, a few different things are going to happen
Bitcoin Price Prediction as $35,000 Resistance is Surpassed – When is the Next Leg Up?
7.11.2023
Bitcoin (BTC) has continued its upward trend, bouncing back above the $35,000 mark early on Monday following a brief dip linked to legal issues involving FTX founder Sam Bankman-Fried. The overall market sentiment, gauged by the Fear & Greed Index, currently stands at 73, indicating a state...
Sam Bankman-Fried Will Not Be Crypto’s Albatross
6.11.2023
FTX was old-fashioned criminal fraud. SBF never believed in decentralization. And now the industry can move on
Jury finds SBF guilty on all charges, sentencing set for March 2024: Law Decoded
6.11.2023
Bankman-Fried’s crimes each carry a maximum sentence of five to 20 years in prison
FTX Seeks Bankruptcy Court Approval to Sell $744 Million Worth of Trust Assets, Including Grayscale and Bitwise Funds
6.11.2023
Bankrupt cryptocurrency exchange FTX and its debtors have sought approval from the bankruptcy court of Delaware to sell select trust assets, including funds from Grayscale and Bitwise, with an estimated value of $744 million. The proposed sale would be facilitated through an investment...
Former SEC Official Warns SBF Conviction Is ‘Just the Tip of the Iceberg’ for All of Crypto
5.11.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement says the conviction of ex-FTX CEO Sam Bankman-Fried (SBF) is “just the tip of the iceberg” for the entire crypto industry. “People should not think that it’s safe to go back in the water...
Sam Bankman-Fried convicted, PayPal faces SEC subpoena, and other news: Hodler’s Digest, Oct. 19 – Nov. 4
4.11.2023
Sam Bankman-Fried is found guilty of fraud, other crimes; PayPal receives subpoena from the U.S. SEC, and Invesco Galaxy’s spot Bitcoin ETF joins DTCC website