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Nalezeno "CZ FTX": 4231

FTX creditor committee hires Paul Hastings LLP for bankruptcy proceedings: Report

22.12.2022
After evaluating several law firms, FTX's unsecured creditors' committee has chosen a legal adviser

SBF sent home after his parents put up their house to cover his astronomical bail bond

22.12.2022
The former billionaire, who has since claimed to be worth no more than $100,000, is out of jail on a $250 million bond

Sam Bankman-Fried Released on $250M Bail Secured by Parents

22.12.2022
Former FTX CEO Sam Bankman-Fried appeared in U.S. federal court Thursday on charges that he was the mastermind behind the fraud and illicit movement of customer funds inside his former crypto empire, and a judge agreed that he can be released on $250 million bail

FTX Investors’ Loss Is Wall Street Lawyers’ Gain

22.12.2022
Professionals are charging upwards of $2,000 hourly wages against $12 million retainers as they attempt to restore funds to the million-odd creditors of Sam Bankman-Fried’s empire

Official: Sam Bankman-Fried Enters FBI Custody and Set to Appear in Front of US Judge as Associates Ellison and Wang Turn on Him

22.12.2022
Sam Bankman-Fried (SBF), the disgraced founder of crypto exchange FTX, has been extradited to the United States and is set to appear before a judge on Thursday. The court appearance is expected to take place on Thursday afternoon at a Manhattan federal court. According to a New York Post report...

3 FTX Execs Have Snitched on SBF, Now Scrutiny Is Aimed at Nishad Singh and Ramnik Arora

22.12.2022
On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed they imposed fraud charges against FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline...

SBF received special treatment inside Bahamian jail: Report

22.12.2022
Sam Bankman-Fried was held in the sick bay where he reportedly had access to running water, a toilet, a TV, and vegan food

Third parties could return FTX funds directly to customers: Law firm

22.12.2022
According to Louise Abbott, FTX users could claim in court that assets “remained their property at all times” and could be treated separately from bankruptcy proceedings

First Mover Americas: FTT Token at Center of New U.S. Charges in FTX Case

22.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 22, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

FTX Creditors Hire Law Firm Paul Hastings as Representation

22.12.2022
Paul Hastings beat out multiple law firms that pitched to lead legal work in the bankruptcy proceedings

FTX, Alameda execs plead guilty to fraud charges: Community responds

22.12.2022
From wondering where the funds are to ridiculing Caroline Ellison’s trading skills, crypto community members reacted in various ways to news of exes pleading guilty

Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse

22.12.2022
One of the biggest banks in America once again paid a billion-dollar-scaled fine for the illegal treatment of its customers

Alameda's Caroline Ellison escapes potentially 110 years in jail via plea deal

22.12.2022
Former Alameda Research CEO could be released on a $250,000 bail, but she's not allowed to leave the United States

FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg

22.12.2022
Bankrupt cryptocurrency exchange FTX used its own token, FTT, to fund the purchase of a majority stake in trading platform Blockfolio in 2020, Bloomberg reported Thursday

Alameda's Caroline Ellison and FTX's Gary Wang hit with additional fraud charges

22.12.2022
Arrested crypto billionaire Sam Bankman-Fried's former entourage faces additional charges by key U.S. government agencies

US Lawmaker: Crypto Self-Custody Is Antidote to FTX Fraud — ‘Keep Your Coins Act’ Will Protect Self-Hosted Wallets

22.12.2022
U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud. He is pushing for his bill called “Keep Your Coins Act,” which aims to “protect self-custody from misguided attempts to restrict it.” U.S....

FTX’s Gary Wang and Alameda’s Caroline Ellison Plead Guilty to Fraud, Duo Is ‘Cooperating’ With Feds

22.12.2022
On Dec. 21, 2022, U.S. attorney Damian Williams announced that the Southern District of New York (SDNY) Department of Justice (DOJ) filed charges against Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang. Williams declared that both Ellison and Wang have been cooperating with...