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Court: FTX spent $400 million on the acquisition of its European branch
13.7.2023
The goal behind an overpriced buyout of the Swiss company was to get a proper European license
Pop Icon Taylor Swift Signed $100M Deal With Crypto Exchange FTX, New Reports Claim
8.7.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, did sign an agreement with bankrupt cryptocurrency exchange FTX, new reports claim. However, FTX executives reportedly convinced former FTX CEO Sam Bankman-Fried (SBF) to reconsider and abandon the $100-million deal with Swift. Taylor Swift...
New Report: FTX Abandoned the Deal with Taylor Swift, Not the Other Way Around
7.7.2023
Now-defunct cryptocurrency exchange FTX pulled out of the planned deal with Taylor Swift, not the other way around.
According to sources cited by The New York Times, Swift signed a proposed tour sponsorship agreement with FTX in the spring of 2022, following six months of negotiations.
The deal...
Sam Bankman-Fried backed out of FTX sponsorship deal with Taylor Swift: Report
6.7.2023
The report contradicts the narrative from many media outlets that Taylor Swift’s team had done its due diligence in considering the FTX deal before pulling out
How Much Is Too Much to Spend on FTX's Bankruptcy?
30.6.2023
Are Sam Bankman-Fried’s victims being ripped off a second time?
Scaramucci Accuses Sam Bankman-Fried of 'Hurting' Crypto Industry in the U.S
30.6.2023
Disgraced FTX CEO Sam Bankman-Fried “really hurt the industry in the United States from a regulatory perspective,” according to the venture investor and former White House communications director Anthony Scaramucci....
Read More: Scaramucci Accuses Sam Bankman-Fried of 'Hurting' Crypto Industry...
“Sam Bankman-Fried really hurt the industry” — Anthony Scaramucci
29.6.2023
The politician and business magnate has his eyes set on Binance CEO CZ taking the reins of the future crypto industry
FTX Files Lawsuit Against Ex-Compliance Chief Friedberg Over Alleged 'Hush Money' Payments
29.6.2023
Defunct crypto exchange FTX’s lawyers are suing the company’s former compliance chief officer Daniel Friedberg for paying off insiders who threatened to reveal the exchange's illegal activities.
The lawsuit alleges that the former compliance chief served as a "fixer," paying "exorbitant hush...
FTX reboot on the way: CEO holds talks with ‘interested parties’ — Report
29.6.2023
FTX is inching closer to a potential reboot, with CEO John Ray reportedly opening up the floor to bidders looking to finance the new venture
Crypto Exchange FTX Puts a Pause on Anthropic Stake Sale
28.6.2023
Bankrupt crypto exchange FTX has put a pause on the sale of its stake in the AI startup Anthropic.
The boutique investment bank that acts as an adviser to FTX, Perella Weinberg Partners, informed bidders this month about the abrupt halt in the sale of the exchange’s stake in Antropic, Bloomberg...
Judge Rejects Bankman-Fried’s Attempt to Dismiss Criminal Charges, Calls Arguments ‘Unpersuasive’ and ‘Without Merit’
28.6.2023
On Tuesday, U.S. district judge Lewis Kaplan rejected Sam Bankman-Fried’s attempt to dismiss criminal charges against him. Bankman-Fried claims he was charged in a manner that violates the “rule of specialty” as far as the extradition treaty between the Bahamas and the United States is concerned....
FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
28.6.2023
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them. The report alleges that they spent $243 million on luxury residential real estate for senior staff and family...
Under New Leadership, FTX Recoups $7 Billion Amid Recovery Efforts
27.6.2023
The new leadership team at FTX has recouped approximately $7 billion in liquid assets as the exchange continues recovery efforts.
The company has revealed that it has made “substantial progress” in securing assets, recovering as much as $7 billion in liquid assets so far.
The exchange owed...
Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’
27.6.2023
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024
Judge Rejects FTX Founder Sam Bankman-Fried's Motions to Dismiss Criminal Charges
27.6.2023
U.S. Judge Lewis Kaplan denied several of Sam Bankman-Fried's motions to dismiss criminal charges against him. He had previously denied the FTX founder's remaining motions to dismiss charges
The Second FTX Asset Recovery Report Is Packed With Bombshells
27.6.2023
New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy
Sam Bankman-Fried Shot Crypto MasterClass Prior to FTX Collapse
26.6.2023
Disgraced crypto boss Sam Bankman-Fried had shot a tutorial video on cryptocurrency for MasterClass, a platform that offers courses taught by celebrity experts.
The video, made last summer, was not included with other lessons presented by crypto and blockchain experts that MasterClass announced...
Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
23.6.2023
The request was denied by U.S. District Judge Lewis Kaplan, who characterized it as a “fishing expedition” lacking justification
Sam Bankman-Fried Can't Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
23.6.2023
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was "at the core" of the government's criminal allegations against him
FTX Seeks to Recover $700 Million from Sam Bankman Fried's Affiliated Funds
23.6.2023
Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide's investment firm, K5 Global, to retrieve $700 million in funds.
On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam...