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Sam Bankman-Fried has lost his appeal to overturn his 2023 fraud conviction and 25-year prison sentence, leaving the former FTX chief with fewer legal options as a separate pardon request remains pending. According to a ruling issued Friday by the…
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The US government has transferred nearly $984,000 in cryptocurrency linked to Alameda Research and FTX. Blockchain data shows that most of the funds moved to Coinbase Prime as authorities continue managing seized assets. The transfers form part of ongoing efforts…
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Sam Bankman-Fried has formally filed a presidential pardon application while continuing to challenge his conviction and 25-year prison sentence through the U.S. appeals process. According to the U.S. Department of Justice’s Office of the Pardon Attorney website, the former FTX…
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Fenwick & West has agreed to pay $54 million to settle a class action lawsuit filed by former FTX customers who accused the law firm of helping facilitate fraud at the collapsed cryptocurrency exchange. According to court filings tied to…
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Mario Nawfal’s viral interview casts Patrick Gruhn as one of the few FTX insiders who not only survived but materially profited from the wreckage. Patrick Gruhn, the former CEO of FTX Europe who sold his business to Sam Bankman Fried’s…
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A U.S. federal judge has rejected Sam Bankman-Fried’s request for a new trial, closing off his latest attempt to challenge his fraud conviction tied to the collapse of FTX. According to a ruling issued Tuesday by U.S. District Judge Lewis…
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FTX estate sold its 5% Cursor stake for $200K in 2023, missing about $3B after Cursor’s $60B SpaceX-linked valuation.
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Sam Bankman-Fried withdrew his new trial motion but kept his appeal and request for a new judge in the FTX criminal case in latest filing.
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Former FTX head of engineering Nishad Singh has agreed to pay a $3.7 million fine to resolve his case with the US commodities regulator. Singh will pay a disgorgement of $3.7 million as part of a supplemental consent order for…
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Polymarket and Kalshi lowered Sam Bankman-Fried pardon odds after his parents renewed his defense in a CNN interview.
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US prosecutors have asked a federal judge to deny a new trial for Sam Bankman-Fried, arguing that the disgraced crypto entrepreneur has not shown any legal basis for overturning his conviction tied to the collapse of FTX. According to a…
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Disgraced FTX founder Sam Bankman-Fried has reignited controversy from prison after publicly endorsing the proposed CLARITY Act, calling it a “huge milestone for crypto” and “a huge achievement” for Donald Trump. Sam Bankman-Fried backs CLARITY Act, draws swift rebuke from…
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The White House has reaffirmed that former FTX CEO Sam Bankman-Fried will not receive a presidential pardon, even as the disgraced crypto founder publicly courts President Donald Trump through a sustained social media campaign. Sam Bankman-Fried’s Trump appeals fall flat…
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FTX founder Sam Bankman-Fried has returned to social media, alleging that U.S. prosecutors improperly pressured witnesses during his criminal trial and arguing that his conviction should be overturned. Sam Bankman-Fried demands judge’s recusal In a post published on X, Bankman-Fried…
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Sam Bankman-Fried has filed a pro se motion seeking a new trial in his federal fraud case, according to court filings in the Southern District of New York. The jailed former FTX chief argues that key witness testimony was missing…
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Backpack Exchange, the crypto trading platform founded by former FTX and Alameda leaders, is reportedly in talks to raise around $50 million in new financing at a pre-money valuation above $1 billion. If completed, the round would cement Backpack’s position…
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