Results for "ftx"
FTX straw donor Ryan Salame’s sentencing slated for May 28
Former FTX executive Ryan Salame will be issued a prison sentence on May 28 following his guilty plea last September.Â
What awaits FTX after Sam Bankman-Fried’s 25-year sentence?
What does the future hold for the platform now that Bankman-Fried faces decades in prison, and is there any chance for a revival of the FTX exchange? Once a leading name in the crypto world, FTX faced a dramatic downfall…
FTX estate sold $1.9b Solana at discount price
While FTX creditors decried unfair bankruptcy proceedings and decisions, the defunct crypto business offloaded a trove of Solana tokens at a massive discount.
FTX ad-hoc grows to $700k in claims as community prepares for bankruptcy vote
The FTX Customer Ad-Hoc Committee has over 1,400 signups and $700,000 in claims.
FTX founder receives 25-year jail sentence, SEC seeks $2b from Ripple, Bitcoin reclaims $70k | Weekly Recap
Weekly Recap: Significant legal developments across the cryptocurrency sector, including SBF’s sentencing, regulators’ demanding $2b from Ripple, and an indictment against KuCoin.Â
FTX founder Sam Bankman-Fried sentenced to 25 years in prison
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison by Judge Lewis Kaplan.
FTX to sell $884m Anthropic stake to Abu Dhabi firm, 20 other investors
FTX is selling two-thirds of its shares in Anthropic at $884 million, most of which are being acquired by Abu Dhabi-based investors.Â
Sovereign funds circle FTX’s $1b stake in Anthropic
Investment giants and sovereign wealth funds are showing a keen interest in acquiring FTX’s shares in AI startup Anthropic.
FTX Creditor secures $60m in claims from former customers
A venture led by a former FTX executive has effectively secured $60 million in bankruptcy claims from affected users.Â
Pantera Capital eyes FTX’s Solana assets at 40% markdown
Pantera Capital is actively seeking investments from contributors to purchase Solana tokens at a markdown price from FTX’s holdings.
FTX, Alameda reach settlement with crypto lender BlockFi, will pay up to $874m
FTX and Alameda have settled their disputes with BlockFi, agreeing to pay the firm up to $874 million, subject to court approval. Bankrupt crypto companies FTX and BlockFi have reportedly settled their disputes arising from their collapses in 2022 after…
FTX reaffirms Galaxy Asset Management as exclusive intermediary amid bankruptcy chaos
Defunct crypto exchange FTX has emphasized Galaxy Asset Management as its sole authorized intermediary to streamline its asset sales amid bankruptcy proceedings.Â
Hedge fund LedgerPrime rebrands post-FTX bankruptcy
The digital asset hedge fund LedgerPrime has been rebranded as MNNC Group with new funding and former team members following FTX’s bankruptcy.
Former FTX, Alameda staff close $17m investment for crypto exchange Backpack
VCs are backing a crypto startup led by former FTX and Alameda Research employees as part of a new crypto exchange.
FTX’s Bankman-Fried is ‘deeply sorry’ for $8b fraud, pushes for shorter sentence
FTX’s Bankman-Fried seeks mercy, apologizes for $8 billion fraud, and implores the judge to reject the recommended 100-year jail term. Sam Bankman-Fried, the disgraced founder of the FTX crypto exchange, is trying to get a shorter prison sentence after he…
FTX receives go-ahead to sell its stake in AI startup Anthropic
Collapsed crypto exchange FTX has been cleared to sell its stake in Anthropic which has more than doubled in value since the exchange’s investment. United States federal bankruptcy judge John Dorsey approved FTX’s motion to sell its shares in artificial…
New crypto exchange Backpack started by former FTX and Alameda execs
Crypto exchange Backpack established by ex-FTX, Alameda Research executives is now offering services to customers in several U.S. states. In an X thread on Feb. 21, crypto exchange Backpack announced it has started offering services to users from 11 U.S.…
Sam Bankman-Fried insider claims image of former FTX founder in jail is legit
Famed crypto YouTuber and SBF insider Tiffany Fong goes on record saying the infamous image of the famed ex-FTX CEO circulating on the internet is legit. Independent crypto reporter Tiffany Fong shared a photo of the founder of the collapsed…