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Joe Bankman’s Legal Troubles: Fallout from Son’s FTX Conviction
14.11.2023
Source: Pexels Though disgraced FTX boss Sam Bankman-Fried (SBF) has already lost in court, the crypto mogul’s law professor parents – Joe Bankman and Barbara Fried – may also face charges for abetting their son’s megalithic fraud. The former played a pivotal role in advising his son during...
Mediation to begin in FTX, BlockFi Case, Judge Rules
14.11.2023
In a court filing on November 13th, U.S. bankruptcy judge Michael Kaplan ended an automatic stay on proceedings between bankrupt crypto companies FTX and BlockFi, paving the way for mediation in their claims settlement. BlockFi’s forced bankruptcy FTX founder, Sam Bankman-Fried, was found...
FTX, BlockFi claims settlement allowed to proceed, judge declares
14.11.2023
A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi
FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules
14.11.2023
BlockFi filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX, which triggered an automatic stay that halted proceedings between the two
FTX Foundation Member Denies Involvement In SBF Fraud, Insists on Unpaid Bonus
14.11.2023
Source: AdobeStock / Rafael Henrique Ross Rheingans-Yoo, an employee of FTX Foundation has filed a response to FTX’s claim regarding his unpaid salaries and bonuses totaling $275,000. In a Nov 13 court filing, the foundation staff argued that he was entitled to $650,000 but was only paid $375,000...
FTX Linked Wallets Shift $13.5M SOL as Solana Rally Takes a Breather
14.11.2023
SOL prices have risen 150% in the past month, making it the top-performing major cryptocurrency
FTX Foundation staffer fights for $275K bonus promised by SBF
14.11.2023
FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud
Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ
13.11.2023
Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud
FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'
13.11.2023
The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead-up to its November 2022, bankruptcy filing
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 Debtors’ Lawsuit Seeks Recovery of $935 Million ‘Fraudulently’ Transferred to Bybit’s Investment Arm and Others
13.11.2023
A new lawsuit filed by entities overseeing the FTX bankruptcy process seeks to recover $935 million that was reportedly transferred to Bybit’s investment arm and others just before the former’s Chapter 11 filing in November 2022. Bybit is also accused of using FTX assets held on...
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...
FTX files billion-dollar lawsuit against ByBit over asset withdrawals
12.11.2023
The legal action is pursuing “compensatory and punitive damages” from ByBit regarding the token scheme and the assets held on its platform
Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report
12.11.2023
The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds
Solana Price Prediction as SOL Blasts Through Resistance at $47.50 – $100 SOL Incoming?
11.11.2023
Solana (SOL) Chart / Source: TradingView The price of Solana (SOL), the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer 1 blockchain protocol, continues to melt higher on Saturday, taking its rally since the start of the week 44% as the price tests $60. SOL/USD...
Why is Solana price up this week?
11.11.2023
Solana's price is up 40% this week due to easing FTX-dump fears and growing Bitcoin ETF buzz, while SOL/USD technicals hint at more upside
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 price hits a new 2023 high — What’s behind the SOL rally
10.11.2023
SOL hit its highest price since May 2022, possibly due to an uptick in DApp use and a few other key factors
Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months
10.11.2023