Results for "ftx"

A retired banker, a pediatric nurse, and a special education teacher are among the jurors in FTX co-founder SBF’s multibillion-dollar fraud trial

Federal prosecutors and defense attorneys shared opening statements on day 2 of SBF’s criminal trial in lower Manhattan, New York

FTX founder Sam Bankman-Fried’s criminal trial for fraud resumed at 10 a.m. Eastern as Federal Judge Lewis A. Kaplan moved to conclude jury selection and hear opening statements from attorneys on both sides.

Binance CEO Changpeng “CZ” Zhao declined to pay former FTX CEO Sam Bankman-Fried $40 million in March 2019 to create a crypto futures exchange, according to Michael Lewis’ book “Going Infinite.”

The United States Department of Justice (DOJ) says the lack of crypto rules in the U.S. doesn’t affect charges against ex-FTX CEO Sam Bankman-Fried (SBF)

Follow us for updates of Sam Bankman-Fried’s historic trial, as the former FTX CEO is set to be tried on seven different charges of wire fraud and money laundering.

The United States Securities and Exchange Commission has filed a lawsuit against the accounting firm Prager Metis for allegedly violating auditor independence rules in relation to its work for cryptocurrency exchange FTX.

Michael Lewis, the author of “The Big Short,” says the disgraced crypto entrepreneur was exploring the legality of such a move.

The attacker now reportedly controls a staggering 180,735 ETH across 13 addresses, totaling an approximate value of $302.5 million.

In 2022, FTX crypto exchange filed for bankruptcy, sending shockwaves through the crypto community. Legal actions against its former management have persisted. Nearly a year later, founder Sam Bankman-Fried faces an impending trial.

During a Sep. 27 hearing, policymakers hammered Gary Gensler and SEC over a number of issues, including FTX and perceived over-regulation

Hong Kong, Australia, and Venezuela took center stage as regulatory actions rocked the scene. Meanwhile, Sam Bankman-Fried’s parents face lawsuits while Binance and Coinbase navigate challenges.

Coinbase recently explored the acquisition of FTX Europe, highlighting the growing significance of crypto derivatives in global trading strategies.

FTX intensified its asset recovery operations under legal scrutiny as founder Sam Bankman-Fried prepares for his October trial in October.  Spearheaded by FTX Chief Executive and Restructuring Officer John J. Ray, the company aims to reclaim billions of dollars that…

Initially offered $200,000 annually at FTX, Bankman sought $1 million, even involving SBF’s mother in the negotiations. A new court filing reveals that Sam Bankman-Fried’s (SBF) father was unhappy with his salary at FTX, so he dragged SBF’s mother into…

Stanford University intends to return all funds donated by the crypto trading company and related entities like Bankman-Fried’s hedge fund Alameda Research. A spokesperson for the prestigious California-based university told Bloomberg lawyers wanted to return millions received from Sam Bankman-Fried’s…

Bankrupt FTX exchange has accused Sam Bankman-Fried’s parents of improperly diverting millions through alleged manipulation. The complaint filed on Sept. 18 accuses Joseph Bankman and Barbara Fried, both professors at Stanford Law School, of exploiting their positions within the company…

The legal fallout from the collapse of crypto exchange FTX continues, with some high-profile names opting to settle while others are dismissed entirely. Crypto influencer Ben “BitBoy” Armstrong is no longer facing a lawsuit related to his promotion of FTX.…