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Bankman-Fried’s Lawyers Seek Another Attempt at Temporary Release
27.9.2023
Lawyers for Sam Bankman-Fried are making another attempt to have the disgraced FTX founder temporarily released from jail before his October trial, claiming he needs better access to prepare his defense properly. Lawyers Cite Bankman-Fried’s Indispensable Knowledge for Complex Trial...
Sam Bankman-Fried's political donations can be surfaced in trial, rules judge
27.9.2023
Despite campaign finance charges being dropped in July, the prosecution has been granted permission to present evidence of Bankman-Fried’s political donations in his upcoming fraud trial
Judge Limits Bankman-Fried’s Trial Arguments; Allows Recreational Drug Use Questions
27.9.2023
A federal judge has issued rulings limiting some arguments the defense can make at Sam Bankman-Fried’s criminal fraud trial next month. However, the judge will allow Bankman-Fried’s lawyers to question witnesses about past recreational drug use. Bankman-Fried Can’t Mention Jail...
Sam Bankman-Fried Can Ask DOJ Witnesses About Drug Use
26.9.2023
Judge Lewis Kaplan, who's overseeing Sam Bankman-Fried's upcoming trial, set guardrails for certain witness questions and testimony
Sam Bankman-Fried Refiles for Temporary Release Ahead of Trial
26.9.2023
The jailed founder of collapsed cryptocurrency exchange FTX, has renewed his request to be released temporarily during the course of his trial
Sam Bankman-Fried's Legal Team Once Again Files for Temporary Release as Trial Approaches
26.9.2023
The defense team representing Sam Bankman-Fried has renewed their plea for his temporary release ahead of the highly anticipated trial.
The request, outlined in a recent court filing, cites challenges faced by Bankman-Fried's attorneys in preparing a defense while their client remains...
Former FTX Law Firm Denies Role in Collapse; Challenges Allegations as ‘Fatally Deficient’ in Court Motion
26.9.2023
San Francisco-based law firm Fenwick & West LLP is denying allegations from FTX founder Sam Bankman-Fried that the firm provided legal advice enabling the alleged fraud that led to the cryptocurrency exchange’s collapse. In a recent court filing, Fenwick & West asserts the allegations...
Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
24.9.2023
Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally....
FTX's former external legal team disputes involvement in fraud allegations
24.9.2023
In a recent court filing, a U.S. law firm that had previously offered services to FTX refutes allegations of assisting Sam Bankman-Fried in his alleged fraudulent activities
Coinbase secures AML registration from Bank of Spain
24.9.2023
The Anti-Money Laundering registration will allow cryptocurrency exchange Coinbase to offer its services to both retail and institutional investors within Spain
A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market
23.9.2023
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $250 million in FTX claims, court records reveal....
Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer
23.9.2023
Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse of FTX and Terra Luna in 2022 and the resulting...
FTX Files Lawsuit Against Former Salameda Employees to Recover $157 Million
23.9.2023
According to the recent court filing, FTX, the bankrupt crypto exchange, has filed a lawsuit against former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, to recover about $157.3 million.
The Hong Kong firm was said to be controlled by the former CEO and founder of...
Coinbase sought FTX Europe acquisition after bankruptcy: Report
22.9.2023
To expand its derivatives business overseas, Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
22.9.2023
FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial
22.9.2023
A US court has denied Sam Bankman-Fried's request for release on bail before his trial, which is scheduled to begin next month.
On Thursday, an appeals court upheld the decision to keep the disgraced founder of FTX locked up ahead of his trial.
"We reject [Bankman-Fried's] contention that...
FTX opens lawsuit against former employees of Hong Kong affiliate
22.9.2023
The bankrupt crypto exchange FTX has opened a lawsuit against former employees of a Hong Kong affiliate company Salameda to recover $157.3 million
Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
22.9.2023
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved
Sam Bankman-Fried's Father Faces Scrutiny Over Alleged Role in Democratic Dark Money Network
22.9.2023
Joseph Bankman, the father of the embattled former crypto entrepreneur Sam Bankman-Fried, has reportedly been implicated in holding an advisory position within a prominent Democratic dark money network. Watchdogs suggest that this arrangement warrants a thorough investigation.
This allegation...
FTX Sues Former Employees of Hong Kong Affiliate, Seeks $157 Million
22.9.2023
The bankrupt crypto exchange has sued former employees of Salameda, a Hong Kong-incorporated affiliate, to recover about $157.3 million