FTX

Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacted by the exchange’s collapse in 2022, according to a Nov. 29 filing in a Delaware bankruptcy court.The $873 million in assets will be source ...

The Financial Stability Board (FSB), the global body that monitors the financial services indreleased a report on Nov. 28 asserting that the crypto industry might need additional regulations to prevent another catastrophe on the scale of the FTX scandalAccording to the report, the FSB said ...

Mercedes-Benz Formula One team and Major League Baseball helped FTX perpetrate fraud through promotional deals with the crypto exchange, according to a group of FTX users in a newlThe plaintiffs, consisting of FTX users, filed twin class-action suits in a Florida District Court on Nov. 27, ...

The United States Securities and Exchange Commission is still looking for evidence that Binance.US had a backdoor to potentially control customer assets in a similar style to FTX, according to a Nov. 27 report by the Wall Street Journal.In June, the SEC filed a lawsuit against Binance and ...

Last week, the legal drama featuring the world’s largest crypto exchange and United States law enforcement ended with a plea deal. Binance and Changpeng “CZ” Zhao have admitted violating U.S. Anti-Money Laundering laws, agreeing to pay $4.3 billion in fines. CZ resigned as CEO of Binance as part ...

The crypto trading days of former FTX CEO Sam Bankman-Fried are over, and the recently convicted founder has found a new thing to trade while in jail — fish. The Wall Street Journal reported on Nov. 23 that Bankman-Fried recently traded four packets of Mackerel — known in ...

Amid market uncertainties around Changpeng "CZ" Zhao’s departure as Binance CEO, the in-house cryptocurrency of the FTX crypto exchange, FTX Token (FTT), witnessed a momentary bull run. FTT surged in market value by more than 55% in the past 48 hours and is currently trading at $4.63, ...

FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction.In a Nov. 21 mandate, the U.S. Court of Appeals for the Second Circuit said Bankman-Fried&rsq ...

It's been a year since the demise of the FTX exchange — an event that's now increasingly looking like it was the Bitcoin (BTC), which is up roughly 120% from a year ago.In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several crypto ...

The crypto industry should focus on building blockchain-based solutions everybody can benefit from instead of launching cash grabs for brands, says Amy Peck, CEO of tech-focused consulting firm EndeavourXR.Peck told Cointelegraph at the Lisbon Web Summit that Web3 firms should be build-fir ...

Bankrupt crypto companies FTX and BlockFi have been allowed to proceed in negotiations for their claims settlement, according to a new court filing.On Nov. 13, United States bankruptcy judge Michael Kaplan ordered the end of an automatic holding placed on proceedings between the two firms. ...

An employee of FTX’s charity wing recruited by FTX co-founder Sam Bankman-Fried is trying to get paid $275,000, the remainder of his claimed 2022 salary bonus.Ross Rheingans-Yoo's lawyers argued in a Nov. 13 court filing that only $375,000 of his $650,000 bonus was paid by FTX. They ...

Solana's native token (SOL) experienced a remarkable 58.6% surge in just five days, reaching an $64 high on Nov. 11. However, the subsequent two-day retracement of 11.3% to $54 has prompted investors to question whether this signals a fading bullish momentum or merely a temporary price adjustment ...

The FTX bankruptcy estate, headed by CEO John J. Ray III, has filed a lawsuit against ByBit, its investment arm Mirana, and various executives. The aim is to recover funds and digital assets that ByBit withdrew from FTX just before its collapse, with the current value close to $1 billion.T ...

Several former FTX executives have teamed up to help build a new cryptocurrency exchange in Dubai with a specific focus on what FTX failed to do — secure customer funds.Ex-FTX lawyer Can Sun is leading the way with Trek Labs, a Dubai-based startup that received a license to offer cry ...

The price of Solana (SOL) has soared 40% this week to establish a new 2023 high at around $58. That is Solana's best weekly performance since January 2023. Many factors have contributed to the gains, including a general cryptocurrency market uptrend led by Bitcoin ETF euphor ...

Solana's native token (SOL) experienced an impressive 22% surge on Nov. 10, breaking past the $54 mark for the first time since May 2022. Notably, this surge occurred amid the continuous selling of SOL tokens by FTX's bankruptcy estate. The Delaware Bankruptcy Court approved the sale of the faile ...

The United States securities regulator chief has hinted he would be open to a rebooted crypto exchange FTX — as long as its new leadership stays within the bounds of the law. SEC Chair Gary Gensler’s comments were made in response to reports that Tom Farley, a former president ...

The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN stablecoins, Wintermute founder and CEO Evgeny Gaevoy has claimed.In a Nov. 7 X (Twitter) post, Gaevoy claimed NEAR refused to honor a commitment to facilitate the sale of $11.2 million worth o ...

Lawyers handling the FTX bankruptcy case are considering offers that could eventually lead to a relaunch of the troubled exchange.At an Oct. 24 hearing of the United States Bankruptcy Court in the District of Delaware, Kevin Cofsky of Perella Weinberg Partners revealed he is negotiating wi ...

Solana (SOL) experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, SOL’s failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left many investors pondering whether the ecosystem growth and network activity suppo ...

Former FTX CEO Sam “SBF” Bankman-Fried’s public trial in a New York court ended with the jury finding him guilty on all seven charges on Nov. 3, including two counts of wire fraud, two counts of wire fraud conspiracy, one count of securities fraud, one count of commodities fraud conspiracy and on ...

For an extended period, centralized exchanges (CEXs) have played a pivotal role in cryptocurrency trading, offering traders dependability and robust liquidity. These platforms have been the go-to choice, with users trusting CEXs to safeguard their assets, appreciating user-friendly interfa ...

Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware to allow it to sell certain key trust funds, including assets from crypto asset manager Grayscale and custody service provider Bitwise valued at around $744 million.In a court filing dated Nov. 3, FTX debtors reque ...

Lawyers representing the $116 million Mango Markets exploiter have convinced a judge to postpone the fraud trial until April 8, 2023.Avraham Eisenberg’s fraud trial was set to commence on Dec. 4 but several circumstances impacted his trial preparations, according to his lawyers, who ...

Advisers for bankrupt crypto exchange FTX have been disclosing data from customers’ transactions and accounts with the Federal Bureau of Investigation (FBI), according to court documents seen by Bloomberg. In response to subpoenas issued by several FBI field offices during the past fe ...

Sam Bankman-Fried was found guilty of all seven counts of fraud and conspiracy to commit fraud in the late hours of Nov. 2. The jury delivered its verdict in less than 10 minutes after nearly 4 hours of deliberation, leaving his parents to fall silent in the crowded courtroom at the Southern Dist ...

The current claim pricing of FTX has reached a maximum of 57%, according to data from Claims Market. The increase in FTX’s claim pricing is attributed to the valuation of the Artificial intelligence (AI) companies that the now-bankrupt crypto exchange previously invested in. Creditors ...

The now-infamous collapse of FTX sent shockwaves through the broader cryptocurrency space in 2022, but the Solana ecosystem was particularly hard hit in the fallout. Speaking exclusively to Cointelegraph at the latest edition of the Solana Breakpoint conference hosted in Amsterdam, So ...

Sam Bankman-Fried is back in his federal prison cell in Brooklyn after being found guilty for all seven charges in his criminal trial. His lawyers however, say the fight isn’t yet over.Bankman-Fried’s attorney Mark Cohen said in a Nov. 2 statement that Bankman-Fried “main ...

Former FTX CEO Sam Bankman-Fried has been found guilty of all of the seven charges in his criminal trial by a jury in New York.Bankman-Fried was found guilty of two counts of wire fraud and two counts of wire fraud conspiracy along with one count of securities fraud, one count of commoditi ...

Closing arguments for the criminal trial of Sam Bankman Fried (SBF), the disgraced founder of crypto exchange FTX, have officially concluded with U.S. Southern District of New York Judge Lewis Kaplan moving to jury instructions.As per the indictment from last December, Bankman-Fried faces ...

The government presented its rebuttal against Sam Bankman-Fried on Nov. 2 in response to statements made by his defense during the closing arguments a day earlier.A jury of 12 will receive final instructions in the Southern District Court of Manhattan on Nov. 2, with a verdict expected by ...

Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, has “admitted” to buying Solana’s SOL (SOL) at its possible local top, stressing his bullish outlook for the cryptocurrency.Fam I have something embar ...

Federal prosecutors claimed Sam "SBF" Bankman-Fried “doubled down” on the use of customers’ funds when he purchased Binance’s $2 billion stake in FTX in 2021. According to U.S. government attorneys, Bankman-Fried paid for the buyout with funds from FTX customers.The prosecution is deliveri ...

Sam "SBF" Bankman-Fried’s trial has entered the final stages, with the prosecution delivering its closing arguments in the case on Nov. 1.Closing arguments are the last opportunity for lawyers to convince the jury and judge that they should win the case. Prosecutors had previously estimate ...

The crypto wallets linked to now-defunct crypto exchange FTX and its sister trading firm Alameda Research have sent over $13 million in different altcoins to numerous crypto exchanges early on Nov. 1.According to data from on-chain analysis firm Spotonchain, the FTX wallet first transferre ...

The ongoing criminal trial involving FTX founder Sam Bankman-Fried (SBF) will move into closing arguments on November 1. On Day 15 of the SBF trial, lead defense attorney Mark Cohen's request for acquittal was denied by presiding judge Lewis Kaplan. Instead, the case will move to clos ...

Sam Bankman-Fried (SBF), the founder of cryptocurrency exchange FTX, claims that spending clients' fiat deposits was just part of "risk management" for his intertwined crypto hedge fund Alameda Research.During the former crypto executive's court testimony on October 31, prosecutor Danielle ...

Attorneys representing former FTX CEO Sam Bankman-Fried have written another letter to the presiding judge, seeking changes to the jury instructions. In the letter addressed to Judge Lewis Kaplan, the defense attorneys requested that the jury consider the role of English law in governing FTX’s te ...

Last week, the criminal trial of FTX founder and CEO Sam “SBF” Bankman-Fried continued in New York, with the man himself giving testimony as part of his defense. According to the SBF, he didn’t know any details about the creation of North Dimension, an alleged “shadowy entity” used to launder cus ...

Despite publicly supporting drafting crypto regulation to protect customers, disgraced crypto exchange FTX founder Sam Bankman-Fried (SBF) appears to have shared a deep disdain for regulators.During the ongoing FTX criminal trial, Assistant U.S. Prosecutor Danielle Sassoon inquired if the ...

Sam “SBF” Bankman-Fried took the stand this week to testify in his ongoing criminal trial in the Southern District of New York, denying any wrongdoing between FTX and Alameda Research, while acknowledging making "big mistakes" during the companies’ fast-paced growth.  ...

Google has doubled down on its artificial intelligence bets by investing another $2 billion into AI startup Anthropic, according to a new report.Google invested $500 million upfront into Anthropic, a rival to ChatGPT creators OpenAI, and will pay off the remaining $1.5 billion over time, a ...

Sam “SBF” Bankman-Fried’s defense attorney Mark Cohen heard testimony from the former FTX CEO on his relationship with Caroline Ellison and political donations from the crypto exchange.According to reports from the courtroom on Oct. 27, Bankman-Fried claimed not to have discussed donations ...

The Chainlink’s (LINK) token surged by a substantial 61.3% from Oct. 20 to Oct. 25, reaching a peak of $11.78 and marking its highest point since May 2022. LINK price then stabilized around $10.50, prompting investors to question the sustainability of this new price level.Chainlink (LINK) tok ...

The jury overseeing the criminal trial of Sam “SBF” Bankman-Fried listened to the former FTX CEO’s testimony for the first time, which involved largely denying knowledge of fraudulent activities at the crypto exchange.According to reports from the New York courtroom on Oct. 27, Bankman-Fri ...

Defense attorneys representing Sam “SBF” Bankman-Fried questioned the former FTX CEO in front of a jury for the first time as they prepared to rest their case.According to reports from the New York courtroom on Oct. 27, Bankman-Fried denied defrauding FTX customers during his time leading ...

Testifying in court but without the jury for his criminal trial present, Sam “SBF” Bankman-Fried faced questions from prosecutors, who pressed the former FTX CEO on his alleged involvement in using customer funds for investments through Alameda Research. According to reports from the ...

Disgraced FTX founder Sam “SBF” Bankman-Fried tried to explain his rationale for deleting corporate messages during a closed-door testimony without the presence of the trial’s jury on Oct. 26. When prompted as to why he started using corporate communications on the encrypted messaging ...

The possible contents of Former FTX CEO Sam Bankman-Fried upcoming testimony have been outlined in a letter to Judge Kaplan by his lawyer, Mark Cohen.In the letter submitted by Mark Cohen, to inform the Court of their planned testimony during Mr. Bankman-Fried’s direct examination, th ...

Sam Bankman-Fried will be no match for government prosecutors who will poke holes in his defense when he takes the stand in his criminal trial, says SkyBridge Capital founder Anthony Scaramucci.In an Oct. 25 interview on CNBC’s “Last Call,” Scaramucci said the Department of Justice prosecu ...

Bankrupt crypto exchange FTX is looking to demand information on millions of dollars in payments it had previously given to a nonprofit AI safety organization — the Center for AI Safety (CAIS).In an Oct. 25 bankruptcy court filing, the lawyers helming FTX claimed the firm gave $6.5 million ...

Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit accounts in five hours on October 24-25, according to data from blockchain analytics platform Spot On Chain. The movement of these funds may indicate that the ...

Sam Bankman-Fried (SBF) had a lot going against him well before the start of his criminal trial: the ire of many in the crypto space, suspicion from United States policymakers, and negative attention from some in the media looking for clickbait angles to associate with the former FTX CEO.  ...

Former FTX CEO Sam “SBF” Bankman-Fried will testify as part of his defense case, said his attorney Mark Cohen.In an Oct. 25 telephone conference between SBF’s lawyers, prosecutors, and Judge Lewis Kaplan, Cohen said following the prosecution completing the presentation of its case on Oct. ...

FTX Trading Ltd., formerly a prominent player in the cryptocurrency exchange sector, is carefully considering its future after going through bankruptcy proceedings. According to a report, during a court hearing in Wilmington, Delaware, Kevin M. Cofsky, the company's investment banker ...

Crypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an October 24 blog post. Withdrawals “are currently available to nearly all Wallet customers,” the post stated, adding that Blockfi Interest Account (BIA) and Loan ...

Recently, a fraudulent priority withdrawal scam has surfaced, targeting FTX users. Sunil, an advocate for FTX, has utilized the social platform X (formerly known as Twitter) to caution FTX account holders about this phishing scheme and urges them to avoid clicking on any dubious links.Suni ...

Sam Bankman-Fried instructed FTX's former general counsel Can Sun to "come up" with any legal explanation for the $8 billion hole in Alameda Research's books, according to Sun's testimony in court on Oct. 19.Sun flew from Japan to testify in the ongoing trial as part of his non-prosecution ...

In the fraud trial of Sam Bankman-Fried, prosecutors have requested the judge to inform the jury that the defendant's assertion that he is an effective altruist should not serve as a legitimate defense. Bankman-Fried faces allegations of misappropriating billions of dollars from FTX customers for ...

Lawyers representing former FTX CEO Sam “SBF’ Sam Bankman-Fried conducted their cross-examination of Nishad Singh, pressing the former engineering director on events leading to Alameda Research using funds from the crypto exchange.According to reports from the courtroom on Oct. ...

Customers of bankrupt crypto exchange FTX and FTX US could see over 90% of assets returned to them by the end of the second quarter of 2024 after a proposed settlement was reached between FTX creditors and debtors.On Oct. 17, FTX debtors said they reached a “major milestone” in ...

Nishad Singh, the former engineering director at now-defunct crypto exchange FTX, has reportedly said he “hopes for no jail time” as part of an agreement with prosecutors.According to reports from the criminal trial of Sam “SBF” Bankman-Fried on Oct. 16, Singh revea ...

On Oct. 11, Caroline Ellison, the former head of the now-defunct Alameda Research, informed a U.S. court that she received instructions from FTX's co-founder and CEO, Sam "SBF" Bankman-Fried, to sell Bitcoin (BTC) if its price remained above $20,000. This admission came as a shock to ...

Last week, the FTX court saga had elements of a TV drama, with Sam “SBF” Bankman-Fried’s former business associate and girlfriend, Caroline Ellison, sharing some shocking stories about SBF’s rule over the company. Ellison admitted to fraud during her time as CEO at Alameda under Bankman-Fried’s d ...

Former FTX engineering director Nishad Singh reportedly told a New York courtroom that former CEO Sam “SBF” Bankman-Fried had a habit of deciding on purchases through Alameda Research by himself.According to reports from SBF’s criminal trial on Oct. 16, Singh said while C ...

FTX co-founder Sam Bankman-Fried has asked a United States judge for long-release Adderall, saying he’s finding it hard to concentrate properly during his criminal trial.In an Oct. 15 letter to New York District Judge Lewis Kaplan, Bankman-Fried’s lawyers asked if Bankman-Fried ...

Caroline Ellison, the former romantic partner of Sam "SBF" Bankman-Fried, the founder of FTX and former CEO of Alameda Research, claimed in her courtroom testimony that SBF bribed Chinese officials with a $150 million bribe to unfreeze $1 billion in funds locked in local exchanges. These funds, belo ...

On the third day of the trial of Sam Bankman-Fried (SBF), founder of FTX, several revelations came to light. One significant revelation was that SBF urged his employees to use the Signal app and set the auto-delete feature for their messages, emphasizing that keeping messages had downsides. Adam ...

FTX hackers have taken a new approach, converting a substantial amount of stolen Ethereum (ETH) into Bitcoin (BTC) using THORChain, a decentralized platform. The hackers transferred 15,000 ETH, which is equivalent to approximately $24.75 million, in a strategic move to further obscure their activiti ...

Sam Bankman-Fried, facing charges of wire fraud, money laundering, and conspiracy, arrived 30 minutes late for the first day of his trial. He is accused of misappropriating customer funds from FTX. The trial started with neither the government prosecutors nor Bankman-Fried's defense team having rece ...

The Department of Justice (DOJ) has clarified that the lack of a clear U.S. legal framework for cryptocurrencies does not hinder the prosecution of fraud charges against FTX founder Sam Bankman-Fried. Bankman-Fried's trial began with allegations that he misappropriated customer funds from FTX, to wh ...

The high-profile trial of former FTX CEO Sam Bankman-Fried commenced on October 3, attracting significant attention both inside and outside the Manhattan courtroom. Here are some notable observations and details from the first day of the trial: Bankman-Fried's Physical Appearance: ...

Sam Bankman-Fried, the founder of the failed crypto exchange FTX, reportedly explored the idea of paying Donald Trump $5 billion not to run for the presidency. This revelation comes from Michael Lewis, the acclaimed author of books like "The Big Short" and "Flash Boys," during a CBS interview. Ac ...

Former FTX CEO Sam Bankman-Fried reportedly explored the idea of paying Donald Trump not to run for the United States presidency. According to Michael Lewis, the author of "Going Infinite: The Rise and Fall of a New Tycoon," this proposal emerged during his interviews and discussions with Bankman-Fr ...

Effective altruism, an ethical philosophy that encourages people to make as much money as possible to give it away later for charitable purposes, played a role in the decision-making processes at crypto exchange FTX, leading to what some described as "increasingly risky and ridiculous" actions. Adit ...

CoinDesk has won a Gerald Loeb Award, a prestigious accolade in financial and business journalism, for its coverage of the collapse of Sam Bankman-Fried's cryptocurrency empire. The award, presented in the breaking news category, recognizes CoinDesk's reporting on the vulnerabilities within Alameda ...

The former CEO of FTX, Sam Bankman-Fried, is scheduled to appear in court for a criminal trial lasting approximately 21 days. The trial is set to commence on October 4 and conclude on November 9, according to a recently released trial calendar. The calendar includes jury selection beginning on Octob ...

FTX Founder Sam Bankman-Fried's Trial and Potential Sentencing FTX founder Sam Bankman-Fried is set to stand trial next week in a case related to the operation and collapse of FTX and its affiliated hedge fund, Alameda Research. He faces multiple charges, including wire fraud, co ...

In South Korea, a recent report from the country's tax organization, the National Tax Service (NTS), highlights the dominance of cryptocurrencies like Bitcoin (BTC) among reported overseas assets. The NTS issued an official announcement on September 20, revealing that 1,432 individuals and corpor ...

Despite a US court granting FTX permission to liquidate its assets, the price of Solana (SOL) has surged by 4.62% to reach $18.90, with a market capitalization of $7.79 billion. FTX is gearing up to liquidate a portfolio of assets valued at $3.4 billion, with significant holdings in Solana (SOL), Bi ...

The bankrupt crypto exchange FTX is under scrutiny again, as it may receive court approval as early as September 13 to liquidate approximately $3.4 billion in assets. This development has raised concerns in the crypto community about the potential for a massive market crash. However, FTX's court ...

Court documents reveal that FTX’s financial advisors are exploring the possibility of reversing payments made to athletes and celebrities prior to the company’s Chapter 11 filing, utilizing bankruptcy laws. According to Bloomberg, the extensive list of endorsements underscores the importance of m ...

Multinational technology company Apple has reportedly paid $5 million for the rights to author Michael Lewis’ upcoming book on former FTX CEO Sam Bankman-Fried (SBF) following a bidding war.According to a Sept. 7 report from The Ankler, Apple secured the rights to the book Going Infinite: ...

Ryan Salame, the former co-CEO of FTX Digital Markets, has pleaded guilty to charges related to defrauding the United States Federal Election Commission and conspiracy to operate an unlicensed money-transmitting businessAccording to a Sept. 7 announcement from the U.S. Justice Department, ...

Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly planning to plead guilty to criminal charges related to his alleged involvement in illicit activities at the failed cryptocurrency exchange.According to a Sept. 7 Bloomberg report citing “people familiar with the case”, S ...

Former FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being free on bail prior to his criminal trial.In a Sept. 6 filing in the United States Court of Appeals for the Second Circuit, Clerk of the Court Catherine O’Hagan Wolfe said a circuit judge had deni ...

The United States Attorney's Office has filed an affirmation of the denial of bail to former FTX CEO Sam Bankman-Fried, claiming that he could attempt witness tampering, and stating that no release conditions would assure the safety of the witnesses. Prosecutors responded to several claims made i ...

Bitcoin (BTC) could have dropped much more last week after one on-chain metric repeated its move from the FTX crash.As noted on Sep. 5 by James Straten, research and data analyst at crypto insights firm CryptoSlate, the SLRV Ratio has “flipped” for the first time since November 2022.Bi ...

The legal industry has emerged as a major winner amid cryptocurrency collapses like FTX and Celsius, generating hundreds of millions of dollars for lawyers.Lawyers, accountants, consultants, analysts and other professionals have collected at least $700 million in fees from the bankruptcies ...

Sam Bankman-Fried, the founder and former CEO of defunct cryptocurrency exchange FTX, has filed a memorandum on Sep. 1 asking the court to deny the prosecutor’s in limine requests. The memorandum, penned by SBF’s lawyer Mark Cohen, calls the requests filed by the United States Departm ...

A wallet owned by bankrupt crypto exchange FTX has moved $10 million worth of digital assets from the Solana (SOL) network to Ethereum, sparking concerns it could be the beginning of a series of token dumps amid the exchange’s bankruptcy proceedings. According to data from block ...

FTX Debtors have disclosed a series of financial statements revealing any transactions that benefited company executives shortly before the major cryptocurrency exchange’s collapse in November 2022.In a recent court filing with the United States Bankruptcy Court for the District of De ...

Cryptocurrency and stock trading platform Robinhood has announced the purchase of more than 55 million shares of the firm previously held by former FTX CEO Sam Bankman-Fried.According to an Aug. 31 blog post, Robinhood completed a purchase of 55,273,469 shares for roughly $606 million foll ...

As the start date of the trial of FTX co-founder Sam Bankman-Fried (SBF) approaches, new court filings indicate that SBF could pay his expert witnesses more than $1000 an hour should they testify on his behalf.SBF may call seven expert witnesses to testify at his fraud trial that is curren ...

Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, have reportedly not asked for a different trial date in order to prepare, but a federal judge has offered a limited window to do so.According to an Aug. 30 X thread from Inner City Press, Judge Lewis Kaplan said the deadli ...

It appears that a data breach involving FTX bankruptcy claims agent Kroll has resulted in the leak of sensitive information, contrary to earlier reports. In an alleged Kroll Q&A Summary published on Aug. 30, FTX users' email addresses, mailing addresses, account numbers, unique ba ...

The lawyers representing the United States Department of Justice (DOJ) filed a new court document late on Aug. 29 arguing that Sam Bankman-Fried should provide additional disclosures to his planned defense. The document called the current proposed argument, which claims his lawyers ap ...

Defunct crypto lending firm BlockFi applied to the court a request to transfer the trade-only assets from its users' accounts into stablecoins, so they could be withdrawn by the individuals. The request marks another step toward the return of users' funds, a process that the company began in Augu ...

The United States Department of Justice (DOJ) filed a motion on Aug. 28 to have all seven of the expert witnesses for Sam Bankman Fried banned from testifying in court. In the motion, the DOJ claims SBF’s proposed experts and their accompanying disclosures “suffer from an array of def ...

Following the recent Kroll cybersecurity breach, FTX Derivatives Exchange, a financially distressed cryptocurrency trading company, has opted to temporarily suspend accounts of impacted users accessing its claims portal. FTX's decision which was posted on X (formerly known as Twitter) was underta ...

Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows Capital (3AC) that aim to retrieve hundreds of millions of dollars to pay back their creditors. BlockFi claimed in an Aug. 21 filing to a New Jersey bankruptcy court that its own cred ...

FTX founder Sam Bankman-Fried has seemingly been doing it tough behind bars, eating only bread with peanut butter to accommodate his vegan diet, while exhausting his supply of prescription medication. In the same hearing where Bankman-Fried pleaded not guilty to seven fraud-related charges, B ...

United States prosecutors have put forward their proposed instructions to the jury ahead of the October trial for FTX co-founder Sam Bankman-Fried. The lengthy 100-page Aug. 21 filing breaks down how prosecutors would like presiding Judge Lewis Kaplan to instruct the jury in Bankman-Fried’s case ...

Seven days following the Department of Justice's bail revocation for disgraced FTX founder Sam Bankman-Fried, he is now seeking permission to spend five weekdays outside to collaborate with his legal team on his defense case. According to a letter sent to US District Judge Lewis Kaplan on Fri ...

FTX and Alameda Research were planning to convert BitDAO tokens to Mantle. The Decentralized Autonomous Organization (DAO) Mantle has suspended the conversion. The DAO Mantle participants have proposed suspending the migration of BitDAO tokens. This was reported ...

Former FTX executive Ryan Salame will reportedly avoid testifying about his role in FTX’s alleged illegal campaign donation scheme if he is subpoenaed in Sam Bankman-Fried’s criminal trial.Lawyers representing the former FTX co-CEO said that Salame will be unavailable as a witn ...

Former FTX CEO Sam Bankman-Fried is going into his third night with over 1,500 other inmates in one of New York’s most notorious jails — a far cry from his parents’ multimillion-dollar five-bedroom home in Stanford.The FTX co-founder had his bail revoked at an Aug. 11 hea ...

A federal judge has reportedly revoked former FTX CEO Sam Bankman-Fried’s bail following the release of information to New York Times reporters in an alleged attempt to intimidate witnesses.According to reports of individuals present at an Aug. 11 hearing in the United States Distric ...

FTX’s former primary counsel Fenwick & West LLP has been hit with a class-action suit claiming it aided the crypto exchange’s alleged multi-billion dollar fraud.An Aug. 7 filing by a group of FTX customers in a California District Court alleged the law firm set up several “shadowy enti ...

Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly discussing a guilty plea with authorities in the United States.According to an Aug. 8 Bloomberg report, lawyers for Salame could enter a guilty plea as early as September, in advance of former FTX CEO Sam Bankman-Fried&rs ...

Crypto-spouting Twitter bots could be playing a much larger role in artificially inflating the price of altcoins than previously understood, a new study has suggested.Using a sample of various FTX-listed cryptocurrencies in a study published Aug. 2, the Network Contagion Research ...

Lawyers for Sam Bankman-Fried have denied that he attempted to intimidate witnesses in his criminal trial by talking to New York Times reporters and argued there is no reason to jail him.In an Aug. 1 letter to Judge Lewis Kaplan, Bankman-Fried’s lawyers claimed the prosecution’s attempt to ...

A body representing FTX customers said it is “extremely disappointed” by the exchange’s draft bankruptcy exit plan and claims it was ignored by FTX’s restructuring team.In a July 31 court filing, FTX’s Official Committee of Unsecured Creditors (UCC) said despi ...

A judge in the bankruptcy case for defunct crypto exchange FTX has issued an order allowing Terraform Labs to subpoena information that could be used in its case brought by the United States Securities and Exchange Commission.In a July 31 filing in the U.S. Bankruptcy Court for the Distric ...

Crypto Twitter has been abuzz with debate after a new conspiracy theory has suggested FTX founder Sam Bankman-Fried may be secretly behind one of the most controversial new memecoins on Base.The BALD memecoin, which draws its namesake from a humorous reference to Coinbase CEO Brian Armstro ...

According to a July 28 court filing, the United States Department of Justice (DOJ) is seeking the revocation of Sam Bankman-Fried’s (SBF) bail, accusing him of attempting to tamper with witnesses and leaking Caroline Ellison’s diary to The New York Times.The DOJ notes that SBF was released ...

Lawyers representing former FTX CEO Sam Bankman-Fried, also known as ‘“SBF,” have requested the court seal documents related to his interviews with a New York Times reporter revealing details about his relationship with Caroline Ellison.In a July 27 filing in the United States District Cou ...

Bankrupt crypto exchange FTX and crypto lender Genesis have reached an agreement in principle to resolve the claims brought by FTX in its bankruptcy case.On July 27, legal counsels for both firms sent a letter to bankruptcy Judge Sean Lane stating that they had agreed to a settlement. ...

Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away toward smaller crypto players.According to a July 27 Wall Street Journal report, the tech-focused VC firm told investors in March i ...

United States prosecutors are expected to drop a charge against FTX co-founder Sam Bankman-Fried that alleged he haconspired to make unlawful campaign contributions.In a July 26 letter to District Court Judge Lewis Kaplan, U.S. Attorney Damian Williams said the government was informed ...

A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as "SBF," will reportedly consider revoking the former FTX CEO’s $250 million bail based on allegations of intimidation against Caroline Ellison. In a July 26 hearing in United States District Cou ...

Former FTX CEO Sam Bankman-Fried has agreed to a gag order preventing him from making comments to third parties that may interfere with his trial — but argues other potential witnesses should be gagged as well, including current FTX CEO John Ray.The gag order against Sam Bankman-Fried was ...

Gabriel Bankman-Fried, the brother of former FTX CEO Sam Bankman-Fried, had a plan to survive a global catastrophe using funds from the now-defunct cryptocurrency exchange.According to a July 20 filing with the United States Bankruptcy Court for the District of Delaware, Gabriel planned to ...

FTX has sued former CEO Sam Bankman-Fried and other former key executives from the now-bankrupt crypto exchange to recover more than $1 billion in allegedly misappropriated funds. A July 20 complaint filed in a United States Bankruptcy Court named former Alameda Research CEO Caro ...

The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary. On July 19, the Australian Securities and Investments Commission announced the cancellation, which took effect July 14. FTX A ...

Zac Prince, the CEO of bankrupt cryptocurrency lending firm BlockFi, allegedly disregarded recommendations from the company’s risk management team over lending assets to Alameda Research. According to a July 14 filing with the United States Bankruptcy Court for the District of N ...

Former FTX CEO Sam Bankman-Fried wants to be able to have his “close friends” visit him at his parent's home without them being subject to security checks. In a July 13 letter to New York District Court Judge Lewis Kaplan, lawyers representing Bankman-Fried requested the judge ...

Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United States.According to a July 11 report from The New York Times, Salame and his girlfriend Michelle Bond — a Republican candidate wh ...

The sponsorship deal between defunct cryptocurrency exchange FTX and Taylor Swift was reportedly called off at the request of former CEO Sam Bankman-Fried (SBF), and not the singer-songwriter as many reports have suggested.According to a July 6 report from the New York Times citing three i ...

Billionaire entrepreneur Mark Cuban has again locked horns with former securities official John Reed Stark, this time over who was ultimately to blame for FTX’s collapse and the impact on creditors. During a heated back-and-forth exchange, Cuban argued had the United States Securitie ...

Crypto exchange Gemini founder and CEO Cameron Winklevoss is again threatening to sue Digital Currency Group and its CEO Barry Silbert over delays in the resolution of Genesis for its Earn customers while slamming the CEOfor allegedly trying to play the victim card.In the July 4 “Ope ...

Bankrupt crypto exchange FTX is one step closer to relaunching as an entirely new exchange.According to a June 28 report from The Wall Street Journal, FTX restructuring chief John Ray said the company had “begun the process of soliciting interested parties to the reboot of the FTX.co ...

FTX has filed a lawsuit against a former regulatory and compliance executive at the exchange, alleging he made a series of payments attempting to prevent staff from blowing the whistle about the exchange’s issues.On June 27, FTX filed a lawsuit against Daniel Friedberg who held multiple ro ...

The sale of FTX's $500 million stake in artificial intelligence startup Anthropic has reportedly been put on hold, adding a potential delay to the bankrupt crypto exchange's efforts to fill a $2 billion hole remaining in its balance sheet.Citing people familiar with the matter, Bloomberg&n ...

A federal judge overseeing the case against former FTX CEO Sam Bankman-Fried (SBF) has denied motions from his legal team seeking to dismiss all but three criminal charges against him.In a June 27 filing in the United States District Court for the Southern District of New York, Judge Lewis ...

Former FTX executives allegedly splurged millions on funding niche projects completely unrelated to crypto or Web3, including a uniquely named $1.8 million “Pineapple house.”A June 26 report from FTX restructuring chief and CEO John Ray laid out the uses of the allegedly misapp ...

A creditor of now-bankrupted crypto exchange FTX pledged a claim as collateral for a loan in the decentralized finance (DeFi) protocol Arcade. The transaction was the first on-chain loan backed by an FTX claim, according to the bankruptcy claims platform Found.The $31,307 claim was tokeniz ...

The four major media outlets advocating for the release of FTX customer names have opposed the decision to seal them. Meanwhile, a crypto lawyer told Cointelegraph that “there is clear evidence” of potential harm if the names were to be disclosed.According to a June 23 Reuters ...

Sam Bankman-Fried, the co-founder of FTX, has been denied his request to obtain documents from a Silicon Valley law firm, Fenwick & West LLP, as part of his defense strategy in his ongoing federal fraud case, Bloomberg reported. Bankman-Fried had hoped to use thes documents to support his cla ...

The United States Securities and Exchange Commission has agreed to postpone the payment of a $30-million fine from bankrupt crypto lender BlockFi until creditors are paid back. The amount represents the balance of a $50-million settlement with the regulator from February 2022. Accordi ...

FTX has filed a lawsuit in the United States Bankruptcy Court for the District of Delaware against some of the investment firms it had ties to before its collapse. The suit, filed June 22, contains 16 counts and seeks over $700 million from the defendants.The lawsuit filing names  ...

Michigan Representative Bill Huizenga, who chairs the United States House Oversight and Investigations Subcommittee, has called out the Securities and Exchange Commission (SEC) for its failure to produce appropriate documents related to the timing of the charges and arrest of former FTX CEO Sam B ...

Fees charged by the lawyers and the restructuring team working on the bankrupt crypto exchange FTX have topped $200 million in just over seven months, but an independent auditor argues it makes sense, given the mammoth task.On June 20 the court-appointed fee examiner, Katherine Stadler, fi ...

Bitcoin (BTC) price is up on June 20, reaching a 14-day high at $28,103. The fresh upside from BTC comes as recent negative news of the SEC cracking down on Binance and Coinbase and bullish traders are likely hopeful that BTC can break its 10-week losing streak. Daily cryptocurrency mark ...

An unidentified buyer or buyers could soon own a property previously linked to defunct cryptocurrency exchange FTX and its former CEO, Sam Bankman-Fried, in Washington, D.C.’s Capitol Hill neighborhood.According to an updated posting on Realtor.com, the D.C. property was listed ...

The crypto market is up today, continuing gains from the Friday due to a mix of technical and fundamental factors.Oversold bounce across top crypto market assetsOn June 17, the crypto market's capitalization grew by over 2% to $1.05 trillion, up nearly 7.5% from the  $975.25 billion l ...

Criminal charges against FTX co-founder Sam Bankman-Fried have been split, with the former CEO now facing two separate trials for his alleged mismanagement of the crypto exchange.Bankman-Fried is facing a total of 13 charges relating to fraud, fraud conspiracy and bribery. A trial for all ...

Bankrupt cryptocurrency exchange FTX has reportedly been granted permission to permanently remove individual customers from all court filings, while the names of companies and institutional investors will be sealed on a "temporary basis."In recent times, several mainstream media outlets ha ...

Kevin O’Leary said the Securities and Exchange Commission levied some “serious” allegations in the 136-page charging document the agency issued against Binance on June 5, telling Cointelegraph in an interview that he believes founder and CEO Changpeng Zhao is in a “tough&r ...

The list of around nine million FTX customers is “extraordinarily valuable” and could harm the crypto exchange’s sale value if released, a member of the FTX restructuring team has argued.In a court hearing released June 8, Kevin Cofsky, a partner at the investment bank Pa ...

The United States securities chair has hinted at “parallels” between crypto exchange Binance and collapsed exchange FTX — namely their alleged use of sister firms to move funds. Speaking to Bloomberg on June 6, the U.S. Securities and Exchange Commission chair Gary G ...

Former FTX CEO Sam Bankman-Fried claims prosecutors have missed discovery deadlines for key pieces of evidence required in the defense of a raft of fraud charges.On June 5, Bankman-Fried’s lawyers told United States District Judge Lewis A. Kaplan in a letter that the government had not tur ...

A two-month-long lull in cryptocurrency optimism has seen online search interest for “crypto” and other common cryptocurrency terms stumble down to late 2020 levels.According to data from Google Trends, the term “crypto” currently has a score of 17, which is well of ...

The Metropolitan Museum of Art is set to return $550,000 in donations it received from crypto exchange FTX prior to its collapse in November.The New York-based museum confirmed its intention to repay the funds to FTX debtors in a filing to the United States Bankruptcy Court in Delaware on ...

Crypto influencers are taking an extra cautious approach to endorsement deals since the collapse of crypto exchange FTX last year, which has seen several celebrities hit with a lawsuit for their alleged role in its promotion. In March, a $1 billion class-action lawsuit was filed alleg ...

Just a month after bankrupt cryptocurrency exchange FTX was seeking $4 billion from the also bankrupt crypto lender Genesis, it is now contesting a claim that it is entitled to nothing.According to a June 2 court filing in a New York Bankruptcy Court, the FTX debtors have raised an objecti ...

Just over six months after FTX’s dramatic collapse, the crypto industry can finally begin analyzing the effects of the debacle. The quick ripple effect to other crypto businesses drained liquidity from the industry and prolonged the crypto winter, with Silvergate Bank, BlockFi and Genesis Global ...

The basketball star has been hiding from lawyers for months He is accused of advertising a cryptocurrency exchange Also O'Neal will answer for his NFT project Shakil O'Neal finally received documents about his participation in the FTX lawsuit. He was ...

The U.S. Department of Justice sent letters to members of Congress asking them to voluntarily return funds received from the bankrupt cryptocurrency exchange FTX. The office of Republican Senator Bob Latta of Ohio confirmed receiving a letter from the DOJ. In October 2 ...

Bankrupt cryptocurrency lender Voyager Digital received court approval to begin the liquidation process and pay customers some of their funds in cryptocurrency. Judge Michael Wiles approved Voyager's liquidation proceedings Wednesday, about a month after Binance.US termin ...

He and two other members of top management are accused of negligence and fraud Allegedly the Embed platform was grossly overvalued at purchase its former CEO offered only $1 million for a buyback FTX insists the deal be voided In June 2022 ...

Bankrupt cryptocurrency lender BlockFi announced plans to liquidate its platform because selling the business would not provide significant value to its creditors. That's the conclusion the company's management came to after unsuccessful attempts to get its platform sold ...

The Internal Revenue Service (IRS) has filed lawsuits worth nearly $44 billion against bankrupt cryptocurrency exchange FTX and its affiliates. In total, the IRS has filed 45 lawsuits against companies, including West Realm Shires (the legal entity of FTX.US), Ledger Hold ...

The exchange and its affiliates are accused of not paying taxes The biggest lawsuit is filed against Alameda Research, for $20.4 billion The IRS got the highest priority for refunds The IRS (Internal Revenue Service) filed 45 lawsuits against FTX and ...

They have begun returning frozen assets And plan to transfer a total of $157 million in coins A couple of hours ago, OKX sent over $60 million in crypto assets to Alameda Research wallets. They conducted a total of 16 transactions in different cryptocurrencies. ...

Founder of the bankrupt cryptocurrency exchange FTX Sam Bankman-Fried asked the court to drop most of the criminal charges related to the collapse of the site. Sam Bankman-Fried has filed a motion to dismiss 10 of the 13 charges he faced, including fraud, conspiracy and b ...

The new owner will be Miami International Holdings And FTX will receive $50 million to pay creditors Scandalous crypto exchange FTX has received court approval to sell its "subsidiary" LedgerX for $50 million. This will allow them to raise additional capital to p ...

Public investment fund Temasek Singapore officially denied rumors about possible participation in the investment program of cryptocurrency startup Array. Temasek's rebuttal came shortly after representatives of the Singapore startup Aggauo announced that it would receive ...

The exchange has disclosed the amount of spending and income This spending may shock investors But the exchange is also actively returning assets FTX unveiled a new capital report. To date, they have spent $86 million on their activities. Of that amou ...

FTX, a cryptocurrency exchange that is currently bankrupt, recently made an announcement stating that it has decided to delay the sale of its Japanese subsidiary. This decision has been made in order to explore the possibility of reopening the subsidiary. FTX Japan is one of the few licensed c ...

The CEO of Binance, a popular cryptocurrency exchange, has pushed back against media reports that claim he has a net worth exceeding $28 billion. Changpeng Zhao, the CEO, called the reports inaccurate, insisting that he doesn't have that much money. Bloomberg, however, has listed Zhao as one o ...

FTX, a bankrupt crypto exchange, has agreed to sell its cryptocurrency derivatives platform LedgerX to Miami International Holdings for $50 million. The sale is still subject to customary closing conditions, including approval from US regulators. The deal is expected to be approved during a sa ...

According to Anthony Scaramucci, the founder of Skybridge Capital, there's little hope of FTX cryptocurrency exchange restarting. Skybridge Capital had experienced substantial losses on the exchange, but Scaramucci doesn't believe that restarting it will recoup the funds. "I don't see how FTX ...

The OTPP Exits Cryptocurrency Investment After $95M Loss on FTX. The Canadian Teachers' Pension Fund of Ontario (OTPP) has decided to abandon its cryptocurrency investment after incurring a loss of $95 million in the bankrupt cryptocurrency exchange FTX. OTPP, Canada's third-largest pension fu ...

The stablecoin regulation bill has come under fire from Democratic lawmakers in the United States, who are concerned that the lack of a clear regulatory framework may lead to stablecoin issuers seeking out other jurisdictions. The bill, which was created in 2022 by Republican Patrick McHenry of N ...

Lawyers representing the class action lawsuit against FTX, a bankrupt crypto exchange, have finally managed to serve court papers to Shaquille O'Neal, the four-time NBA champion, after months of failed attempts. The law firm, led by attorney Adam Moskowitz, had initially requested to serve legal ...

The legal team at the Moskowitz Law Firm is currently advocating for investors who were negatively impacted by the collapse of FTX, and they recently took to social media to voice their concerns regarding NBA legend Shaquille O'Neal. In their post, they warn Shaquille O'Neal to be more careful ab ...

According to a report by Bloomberg, the cryptocurrency exchange FTX, which has filed for bankruptcy, may resort to utilizing customer payout funds to reboot its operations. The attorney representing Sullivan & Cromwell, Andrew G. Dietderich, informed US Bankruptcy Judge John T. Dorsey that di ...

As the crypto industry continues to mature, the impact of market volatility and regulatory pressures is becoming more evident. According to a recent report by Forbes magazine, crypto billionaires worldwide lost approximately $110 billion in 2022, with some experiencing losses of up to 75% of thei ...

John Ray, the CEO of FTX exchange, has filed a report with the Delaware bankruptcy court, outlining the flaws in the management of the exchange that led to its collapse. The debt restructuring team of the company has found that FTX lacked proper financial and accounting controls, which was one of ...

The founder of FTX, a bankrupt cryptocurrency exchange, has pleaded not guilty to 13 charges, including conspiring to violate campaign finance laws and bribing Chinese authorities. Sam Bankman-Fried, who previously denied eight fraud charges, will face trial in New York in October. In addition ...

Former FTX CEO Sam Bankman-Fried is facing accusations from the US Justice Department of paying $40 million in bribes to Chinese officials to unfreeze accounts linked to Alameda Research, FTX's investment arm. The Justice Department has released a revised indictment alleging that Bankman-Fried tr ...

According to the Coinbase team, FTX's recent customer problems are just the beginning of a much larger issue in the world of cryptocurrency. They suggest that "second order effects" will extend the crypto winter until the end of 2023. This is due to the fact that a significant amount of funds fro ...

Thank you for providing this news update. It seems that Mysten Labs, a blockchain startup, is in the process of buying back its shares and warrants from FTX, a cryptocurrency exchange that is currently undergoing bankruptcy proceedings. Under the proposed agreement, Mysten Labs would buy back app ...

According to documents obtained by Reuters, the interim management overseeing the bankruptcy proceedings of cryptocurrency exchange FTX has come to a settlement agreement with Modulo Capital, a hedge fund based in the Bahamas. Under the agreement, Modulo will pay $404 million to FTX and relinquis ...

At the Paris Blockchain Week '2023 (PWD), a prominent venture investor delivered a speech titled "Decentralization of Everything" and concluded it with a unique touch - a self-composed song about bitcoins. During his address, Tim Draper highlighted the distrust of centralized governments towards ...

FTX's interim administration has filed a lawsuit against FTX Digital Markets and its Bahamian liquidators, alleging that they are unlawfully claiming the assets of the cryptocurrency exchange. The FTX Interim Administration is seeking the intervention of U.S. Bankruptcy Judge John Dorsey to confi ...

Media reports suggest that Jefferies, an investment company based on Wall Street, is considering purchasing FTX, a failing cryptocurrency exchange, and plans to return it to the forefront of the cryptocurrency industry. With over 40 potential buyers expected to participate in the auction for the ...

A cryptocurrency blogger who is passionate about the digital currency world recently announced that there has been a significant increase in the value of the first currency, Bitcoin, since the host of CNBC's MadMoney program advised people to sell their Bitcoins a few days ago. Despite Jim Cramer ...

It seems that FTX, a cryptocurrency exchange, has been involved in a scandal in which its founders and key employees received large sums of money, mostly from a subsidiary of Alameda Research. The total amount received was $3.2 billion, with $2.2 billion going to FTX creator Sam Bankman-Fried. ...

The director of investments at Valkyrie believes that the recent collapse of the FTX cryptocurrency exchange has caused a delay in the launch of exchange-traded funds tied to bitcoin in the United States. Steven McClurg expressed his opinion on the status of spot ETFs for bitcoin to journalists. ...

Jim Cramer, the popular financial news columnist and host of Mad MoneyGram, has recently announced his decision to sell his bitcoins, despite the growing mistrust in banks and the traditional financial system. Cramer discussed the recent bankruptcy of major US banks, Silicon Valley Bank (SVB) and ...

The US Department of Justice is reportedly investigating the crash of the stablecoin TerraUSD, which occurred last year. Sources familiar with the situation revealed to the Wall Street Journal that former Terraform Labs employees who handled the USTC stablecoin have already been interrogated by t ...

Amidst an ongoing investigation by law enforcement into FTX and its subsidiary, Alameda Research, someone has made a hefty withdrawal of 69.64 million USDT stablecoins and 75.94 million USDC from affiliated wallets. According to the Lookonchain service, funds from three wallets linked to bankrupt ...

"Former FTX Technical Director Pleads Guilty to Criminal Charges and Agrees to Cooperate with Authorities" Nishad Singh, an ex-technical director of the bankrupt cryptocurrency exchange FTX, has officially pleaded guilt ...

The Charitable Foundation of the ex-manager of the large crypto exchange FTX, has earned at least $150 million from the sale of its own tokens of the FTT exchange, according to The Wall Street Journal. Ruairi Donnelly started his career at FTX and Alameda Research in 2019 as Head of Human Resourc ...

    What should have alerted investors? The price growth of cryptocurrencies at the beginning of the year changed in the second half of January. The beginning of February confirmed the fear.                   ...