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Former FTX Exec Ryan Salame Gets 7.5 Years In Prison
28.5.2024
Former FTX executive and Sam Bankman-Fried associate Ryan Salame has been sentenced to 7.5 years in prison for criminal charges stemming from his time at the crypto exchange following a Tuesday morning hearing at Manhattan federal court.
The post Former FTX Exec Ryan Salame Gets 7.5 Years In Prison...
Former FTX exec sentenced to 7.5 years in prison after guilty plea
28.5.2024
After Sam Bankman-Fried, Ryan Salame is one of the first individuals connected to FTX and Alameda Research to receive prison time
FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse
24.5.2024
Sam Bankman-Fried’s FTX Group paid over $25 million in hush money to seven whistleblowers before the doomed crypto exchange collapse in November 2022, an independent examination released Thursday has found. The report's release comes just days before former FTX executive Ryan Salame is set to...
Ex-FTX CEO ends up in Oklahoma prison despite request from judge
23.5.2024
Records show Sam Bankman-Fried was in the Federal Transfer Center in Oklahoma City, suggesting authorities may still transfer him to a prison in California
Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame
23.5.2024
U.S. prosecutors are pushing for a 5 - 7 year sentence for former FTX executive Ryan Salame on charges stemming from his time at Sam Bankman-Fried’s doomed crypto exchange, a new court filing reveals. Salame is the first executive of the exchange outside of Sam Bankman-Fried to be formally...
Spokesperson Hints at Sam Bankman-Fried’s Possible Move to California Prison
23.5.2024
According to the Wall Street Journal, the convicted FTX co-founder Sam Bankman-Fried (SBF) is being transferred from the Metropolitan Detention Center in Brooklyn to an undisclosed location. Sources speculate that SBF might be headed to the Federal Correctional Institution in Mendota, California...
FTX Fraudster Sam Bankman-Fried Being Transferred to New Prison: WSJ
23.5.2024
The location of the new prison is undisclosed as of early Thursday, but is thought to be in California, WSJ said. He is likely to be placed in a medium-security prison
Disgraced FTX Founder Sam Bankman-Fried is Being Transferred to California Prison
23.5.2024
Sam Bankman-Fried, sentenced to 25 years for financial fraud, is being moved to a federal correctional facility in California despite his request to stay in New York for appeal preparations.
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US authorities will transfer SBF to California prison: Report
22.5.2024
The former FTX CEO has been housed in a cell at the Metropolitan Detention Center in Brooklyn since a judge revoked his bail in August 2023
US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame
22.5.2024
Prosecutors argue that former FTX executive Ryan Salame's crimes warrant a substantial prison term, beyond the 18 months previously requested by his lawyers, with sentencing scheduled for May 28.
The post US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame appeared first on Cryptonews
Worldcoin Ordered to Cease Operations in Hong Kong Over Privacy Compliance Issues
22.5.2024
Hong Kong’s privacy watchdog on Wednesday instructed OpenAI founder Sam Altman’s Worldcoin project to halt all activities in the region. This includes scanning and collecting iris and facial images from the public using iris-scanning devices.
The post Worldcoin Ordered to Cease Operations in Hong...
OpenAI suspends ChatGPT voice accused of mimicking Scarlett Johansson
21.5.2024
OpenAI halts use of a new ChatGPT voice amid controversy involving Scarlett Johansson, who claims the AI voice closely mimics her own
OpenAI leadership responds to former employee safety allegations
19.5.2024
The company’s head of alignment, Jan Leike, resigned on May 17, stating they’d reached a “breaking point” with management
Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
19.5.2024
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per unit. Astonishingly, despite being tied to...
Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing
17.5.2024
Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX's collapse and is facing a maximum of 10 years in prison for...
Former Alameda Research Boss Sam Trabucco Reemerges to Defend Ryan Salame Before Sentencing
16.5.2024
Reports indicate that Sam Trabucco, the former co-CEO of the cryptocurrency trading firm Alameda Research, penned a letter to the judge set to sentence Ryan Salame, co-CEO of FTX Digital Markets. Trabucco’s letter emerged amidst numerous inquiries about his whereabouts throughout the ongoing...
Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame
16.5.2024
Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX
Blockchain ID project Humanity Protocol hits unicorn status with $30M raise
16.5.2024
Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024
FTX Gets Backlash Despite Planned Full Repayment Plus Interest
15.5.2024
FTX is planning to repay customers, but the plan is facing a backlash from creditors. The plan involves paying creditors in US dollars based on their account value at the time of FTX's collapse, not the current market value of their crypto holdings. This has caused outrage among creditors who feel t...
Ex-FTX exec Ryan Salame asks for no more than 18 months in prison
15.5.2024
The former FTX Digital Markets co-CEO pleaded guilty to two felonies and was one of the only figures connected with the defunct crypto exchange who didn’t testify at SBF’s trial