Results for "ftx"
FTX’s Ryan Salame asks court for two-month delay in sentencing
Ryan Salame, the former co-CEO of FTX Digital Markets, has requested a delay in starting his prison sentence, citing medical needs. Salame’s defense team has asked the court to push his self-surrender date from Oct. 11 to Dec. 7, allowing…
Caroline Ellison turns in all her assets in FTX lawsuit settlement
Caroline Ellison, former CEO of Alameda Research, has agreed to turn over all her remaining assets to FTX debtors to settle a lawsuit filed against her by the bankruptcy estate. In an Oct. 7 filing, the document states that FTX…
FTX cash repayment plan approved by bankruptcy judge
FTX’s bankruptcy plan to repay customers in cash plus interest was approved by a Delaware judge, despite a push for in-kind reimbursements. Judge John Dorsey of the U.S. District of Delaware Bankruptcy Court ruled in favor of FTX’s repayment, which…
Bitcoin hits 62k as FTX token, Beam, Shiba Inu soar after US adds 254k jobs in September
Bitcoin and other altcoins held steady after the Bureau of Labor Statistics published encouraging September nonfarm payrolls data. US nonfarm payrolls rebound Bitcoin (BTC) rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140. FTX Token (FTT) was…
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FTX сreditors reveal compensation details: What’s wrong with it?
Users were confused by the news that FTX clients would receive between 10% and 25% of the value of the deposited crypto assets. Why did this happen? Sunil Kavuri, one of the creditors, recently said several other changes are also…
FTX Token price prediction: FTT sees 50% breakout and anticipates more gains this October
FTT, the token of bankrupt FTX, rallies 50% today. Can it sustain gains in October? Plus, Crypto All-Stars’ new “MemeVault” launches. #partnercontent
Another $11b for FTX users as Alameda founder sentenced; SOL surge incoming
The founder of Alameda has been sentenced, and FTX users are receiving $11 billion in payments: will this lead to a surge in SOL’s price? #partnercontent
Caroline Ellison sentenced to 2 years for role in FTX crypto fraud
Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison by District Judge Lewis A. Kaplan. Her involvement in the collapse of cryptocurrency exchange FTX and its affiliated hedge fund, Alameda Research, has been central…
Polymarket traders predict no jail for FTX’s Ellison
Polymarket traders are betting that former Alameda Research CEO Caroline Ellison would not serve time in prison. Hours before a judge was set to decide Ellison’s fate, users on the decentralized prediction platform Polymarket wagered over $153,670 on a market…
SEC and FTX auditor Prager Metis settle misconduct case
The U.S. SEC and Prager Metis have agreed to resolve claims of the auditor’s negligence related to the defunct crypto exchange FTX. Auditor Prager Metis consented to pay $1.95 million to settle two charges brought by the Securities and Exchange…
Sam Bankman-Fried demands new trial over FTX fraud verdict
Former FTX CEO Sam Bankman-Fried has challenged his 25-year sentence following his five-week trial late last year. According to the New York Times, Bankman-Fried appealed a November 2023 court ruling that found the FTX founder guilty of defrauding investors of…
The next chapter in the Robinhood stock saga: What solution FTX offers to the conflict
Bankrupt crypto exchange FTX has settled emergent technologies over $600 million in Robinhood stock. The motion, filed by FTX CEO John Ray III, says the platform is willing to pay Emergent $14 million to cover its administrative costs. In return,…
Attorneys push for no prison time for Caroline Ellison in FTX fraud case
Caroline Ellison’s attorneys are asking for time served and supervised release, citing her cooperation in the FTX case. Former co-CEO of Alameda Research Caroline Ellison is pushing for a sentence of time served and supervised release rather than prison time…
SEC criticized for dubious stablecoin stance in FTX bankruptcy
The Securities and Exchange Commission is facing criticism for its recent filing on the FTX bankruptcy, echoing its controversial approach in the Voyager case. In a recent filing, the SEC warned the FTX estate that it may oppose plans to…
Former FTX-tied politician accused of campaign finance crime
Michelle Bond, the partner of former FTX executive Ryan Salame, has been accused of violating U.S. campaign finance laws, according to an unsealed indictment. Ex-Congressional aspirant Michelle Bond was accused of financing her failed 2022 New York House campaign with…
US judge approves $12.7b settlement between FTX, Alameda and CFTC
The bankrupt crypto exchange FTX and its sister firm Alameda Research will pay nearly $13 billion to creditors, bringing an end to a months-long lawsuit filed by the CFTC. The defunct crypto exchange FTX alongside its trading firm Alameda Research…
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Bitflyer to launch custodian crypto business after FTX Japan buyout
Japanese crypto giant bitFlyer has completed its acquisition of FTX Japan, making it a fully owned subsidiary. Bitflyer, a Tokyo-headquartered parent company of the self-named crypto exchange, said it has completed the acquisition of FTX’s Japanese branch, buying out 100%…
