Results for "ftx"

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…

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…

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.…

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…

Raided by a Swiss prosecutor, Tyr Capital Partners is facing accusations of criminal mismanagement due to its ties to FTX. The Switzerland-based crypto hedge fund, Tyr Capital Partners, came under scrutiny in August 2023 after investors raised concerns about its…

Worldcoin’s 200% surge in the last week looks likely to buffer crypto creditor payments for investors in Three Arrows Capital and FTX, although a token unlock may induce sell pressure. 

FTX’s legal drama continues with a new lawsuit, alleging how the firm secretly created and sold Tether stablecoins as part of a profit-making scam.

A new class action lawsuit is targeting the New York-based law firm Sullivan & Cromwell (S&C), which previously served as legal counsel for FTX.

New York-based law firm Sullivan & Cromwell may be appointed as an independent monitor for Binance Holdings Ltd. According to a Bloomberg report, Sullivan & Cromwell is the leading contender for the coveted observer position, likely beating out a crowded…

Bankrupt crypto exchange FTX has filed legal papers proposing the sale of its subsidiary, Digital Custody, to CoinList for $500,000.

Global crypto enforcement actions re-emerge, with U.S., Britain and Germany making headlines; Ripple co-founder and chairman Larsen suffers hack; FTX reveals plans to fully repay customers.

In its ongoing attempts to reimburse creditors, bankrupt crypto exchange FTX is seeking a judicial green light to offload its roughly 8% stake in AI firm Anthropic.

Prosecutors say the now-defunct crypto exchange FTX lost over $400m in crypto due to a SIM-swap hack orchestrated by three individuals. Crypto exchange FTX lost nearly half a billion dollars worth of crypto shortly after filing for bankruptcy due to…

Larry David, the American comedian, disclosed significant losses as part of his FTX Super Bowl commercial salary was in crypto. Portrayed as a crypto skeptic in the Super Bowl advertisement, Larry David now calls himself “an idiot” for dealing with…

In a recent introspective blog post, Ethereum co-founder Vitalik Buterin candidly addressed the complexities of his journey in the crypto world and its intersection with global politics. 

Bankrupt cryptocurrency exchange FTX is liquidating assets to repay customers, abandoning plans for a restart due to financial and legal difficulties.

A British charity has agreed to repay millions of dollars it received from FTX, condemning fraud underlying Sam Bankman-Fried’s conviction. Effective Ventures, a British charity, has entered an agreement to reimburse $26.8 million to the FTX bankruptcy estate, condemning the…

FTX’s sister company, Alameda Research, willingly dismissed litigation action against Digital Currency Group’s Grayscale Investments shortly after spot BTC ETF approval.