FTX

Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame

Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame 2024-05-16 at 20:01 By Cointelegraph by Turner Wright Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX. This article is an excerpt from Cointelegraph.com News View Original Source React […]

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Ex-FTX exec Ryan Salame asks for no more than 18 months in prison

Ex-FTX exec Ryan Salame asks for no more than 18 months in prison 2024-05-15 at 22:01 By Cointelegraph by Turner Wright The former FTX Digital Markets co-CEO pleaded guilty to two felonies and was one of the only figures connected with the defunct crypto exchange who didn’t testify at SBF’s trial. This article is an

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SBF maintains his innocence as he trades rice in jail

SBF maintains his innocence as he trades rice in jail 2024-05-10 at 10:01 By Cointelegraph by Jesse Coghlan FTX co-founder Sam Bankman-Fried gave his first in-person media interview since being locked up, saying he’s gotten “good at faking” that he’s doing well. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Bankruptcy law firm S&C absolved from misconduct according to new FTX proposal

Bankruptcy law firm S&C absolved from misconduct according to new FTX proposal 2024-05-08 at 12:01 By Cointelegraph by Zoltan Vardai FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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FTX plans full pay back of all creditors ‘plus billions in compensation’

FTX plans full pay back of all creditors ‘plus billions in compensation’ 2024-05-08 at 03:01 By Cointelegraph by Brayden Lindrea Under the plan, 98% of FTX creditors will get at least 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX. This article is an

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Former FTX exec Ryan Salame to give up $5.9M Bahamas property

Former FTX exec Ryan Salame to give up $5.9M Bahamas property 2024-05-03 at 07:01 By Cointelegraph by Martin Young Salame proposes to satisfy the debtors by transferring a residence he owns to FTX Digital Markets Ltd. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Bankruptcy judge signs off on $450M FTX-Voyager settlement

Bankruptcy judge signs off on $450M FTX-Voyager settlement 2024-04-29 at 23:01 By Cointelegraph by Turner Wright According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Crypto users propose dropping lawsuit against Sam Bankman-Fried to pursue FTX influencers

Crypto users propose dropping lawsuit against Sam Bankman-Fried to pursue FTX influencers 2024-04-20 at 01:02 By Cointelegraph by Turner Wright Subject to approval, the proposed settlement would resolve a civil suit between the former FTX CEO and users seeking recourse for losses during the fall of the crypto exchange. This article is an excerpt from

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Cyprus keeps FTX Europe license suspended until September

Cyprus keeps FTX Europe license suspended until September 2024-04-17 at 18:01 By Cointelegraph by Helen Partz Formerly known as Digital Assets AG, FTX Europe was originally founded as a Swiss startup and was sold back to its original founders after FTX’s bankruptcy. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Senators Warren, Grassley want details on CFTC’s communications with FTX

Senators Warren, Grassley want details on CFTC’s communications with FTX 2024-04-16 at 01:02 By Cointelegraph by Derek Andersen The bipartisan letter writers also want to know when the agency found out about the wrongdoing at the crypto exchange. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Sam Bankman-Fried files to appeal conviction and sentence

Sam Bankman-Fried files to appeal conviction and sentence 2024-04-11 at 22:02 By Cointelegraph by Turner Wright The notice of appeal was filed electronically on April 11, nearly two weeks after the former FTX CEO was sentenced to 25 years in prison. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Sam Bankman-Fried asks to stay in Brooklyn prison for appeal

Sam Bankman-Fried asks to stay in Brooklyn prison for appeal 2024-04-11 at 19:02 By Cointelegraph by Turner Wright Judge Lewis Kaplan said at a March 28 sentencing hearing that the former FTX CEO would serve his time at a medium- or low-security prison in the San Francisco Bay Area. This article is an excerpt from

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Bankrupt Voyager secures $484.35M for creditor repayments

Bankrupt Voyager secures $484.35M for creditor repayments 2024-04-11 at 11:01 By Cointelegraph by Amaka Nwaokocha This secured fund, inclusive of interest, accounts for about 25% of Voyager’s creditors’ aggregate claims and is anticipated to be disbursed shortly. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Massive SOL liquidation by FTX estate nets nearly $2B

Massive SOL liquidation by FTX estate nets nearly $2B 2024-04-06 at 01:02 By Cointelegraph by Ana Paula Pereira Galaxy Trading, Pantera Capital, and Neptune Digital Assets have acquired nearly two-thirds of FTX’s stake in SOL. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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FTX saga ends as Sam Bankman-Fried gets 25 years in prison: Law Decoded

FTX saga ends as Sam Bankman-Fried gets 25 years in prison: Law Decoded 2024-04-01 at 23:02 By Cointelegraph by David Attlee SBF became the first person tied to FTX and Alameda Research to face prison time following the collapse of the exchange in November 2022. This article is an excerpt from Cointelegraph.com News View Original

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Sam Bankman-Fried gets 25 years. What happens now?

Sam Bankman-Fried gets 25 years. What happens now? 2024-03-29 at 20:01 By Cointelegraph by Turner Wright Will the former FTX CEO actually be in federal prison until he’s 57 years old? Will anything change in regards to FTX users getting their funds? This article is an excerpt from Cointelegraph.com News View Original Source React to

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FTX former execs and promotors to settle class lawsuit for $1.3M

FTX former execs and promotors to settle class lawsuit for $1.3M 2024-03-29 at 09:02 By Cointelegraph by Jesse Coghlan Former FTX and Alameda executives agreed to share information to aid in the class group’s legal fight against other alleged FTX promoters. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Crypto users react to Sam Bankman-Fried’s 25-year sentence

Crypto users react to Sam Bankman-Fried’s 25-year sentence 2024-03-28 at 20:02 By Cointelegraph by Turner Wright Many on social media suggested that 25 years was “too light” given the former FTX CEO’s crimes, speculating that he would end up serving less time in prison. This article is an excerpt from Cointelegraph.com News View Original Source

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FTX estate to unload $7.6B locked Solana balance at 68% discount

FTX estate to unload $7.6B locked Solana balance at 68% discount 2024-03-28 at 19:01 By Cointelegraph by Zhiyuan Sun Buyers are required to agree to a vesting period of four years for their FTX SOL purchase. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried sentenced to 25 years in prison 2024-03-28 at 18:02 By Cointelegraph by Turner Wright Judge Lewis Kaplan found that the former FTX CEO also committed witness tampering and perjury based on his testimony at trial over user funds. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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