Results for "ftx"

Following Sam Bankman-Fried’s guilty verdict last week, FTX investors call for actions against celebrity endorsers.

Analysts at Lookonchain say a total sum of $160 million worth of SOL has been unstaked by FTX wallets recently. Digital wallets tied to the defunct crypto exchange FTX have unstaked 3.9 million Solana (SOL), worth around $160 million. It…

Bankrupt crypto exchange FTX filed in Delaware bankruptcy court to sell certain trust assets worth about $744 million owned by Grayscale and Bitwise. According to a joint statement from FTX and its debtors, this initiative will help prepare for payments…

Multiple FBI offices have received data on FTX customer accounts from Alvarez & Marsal, a law firm advising the now-defunct crypto exchange under bankruptcy administrators led by litigation veteran John Ray III.

Crypto lawyer John E. Deaton opined that Sam Bankman-Fried is most likely to spend multiple decades in prison after a 12-person jury unanimously found FTX’s founder guilty on all seven counts.

It is likely that Sam Bankman-Fried’s top allies, Caroline Ellison, Gary Wang, and Nishad Singh, will be sentenced but get little or no prison time

Sam Bankman-fried, the disgraced founder of FTX, is has found guilty to all charges. The community is abuzz, reacting to the jury’s decision

Attorneys for the government and defense delivered their closing arguments in United States v Sam Bankman-Fried, the trial over FTX’s multi-billion dollar collapse where prosecutors allege that the founder built his crypto empire atop a “pyramid of lies”.

In the last few days, FTX, the bankrupt digital currency exchange founded by Sam Bankman-Fried, has undertaken a substantial rearrangement of its token portfolio.

Crypto assets totaling $13.6m were transferred from the accounts of FTX and Alameda Research to the Coinbase and Binance exchanges.

FTX’s potential relaunch hangs in the balance as founder Sam Bankman-Fried faces trial, challenging the exchange to rebuild trust and financial stability.

FTX’s founder stuck to his guns on who to blame for Alameda’s spending and use of customer funds during the third day of his testimony in United States v Sam Bankman-Fried.

Brand ambassadors for FTX Africa are now facing life-threatening situations and public backlash following the platform’s financial collapse.

Former FTX CEO and Founder Bankman-Friend takes the stand today, blaming Caroline Ellison for poor management in Alameda and admitting to political donations from customer funds. 

FTX founder Sam Bankman-Fried testified before Judge Kaplan and a jury in a New York federal court claiming his team sometimes made decisions out of his purview and against his instructions.

United States v Sam Bankman-Fried continued its fourth week at trial with testimony from the FTX founder himself however, Judge Kaplan excused the jury until Oct. 27 to thrash out details of the defendants’ statements.

Bankrupt crypto exchange FTX seeks details about the millions of dollars it had earlier donated to the Center for AI Safety (CAIS). New details were revealed in an Oct. 25 filing in a Delaware Bankruptcy Court. FTX’s legal team stated…

Mark Cohen, lead attorney for the defense in United States v Sam Bankman-Fried, said his client will take the stand and testify at a New York federal courthouse during the fraud trial for FTX’s collapse.