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 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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What to expect at Sam Bankman-Fried’s sentencing hearing 2024-03-27 at 22:05 By Cointelegraph by Turner Wright More than 500 days after FTX filed for bankruptcy, the world will soon learn whether former CEO Sam Bankman-Fried remains in prison for decades or receives a lenient sentence. This article is an excerpt from Cointelegraph.com News View Original
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FTX wants to zero out claims on ‘Sam Coins’ 2024-03-27 at 07:02 By Cointelegraph by Martin Young Lawyers for FTX say that customer claims for four SBF-linked cryptocurrencies: MAPS, OXY, SERUM, and BOBA should be heavily discounted or reduced to zero. This article is an excerpt from Cointelegraph.com News View Original Source React to this
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As Sam Bankman-Fried’s sentencing approaches, letters invoking vegan lifestyle call for leniency 2024-03-27 at 01:02 By Cointelegraph by Turner Wright On March 28, Judge Lewis Kaplan will decide how long former FTX CEO Sam Bankman-Fried will remain in prison following his conviction on seven felony counts. This article is an excerpt from Cointelegraph.com News View
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FTX to offload $1B Anthropic stake to pay off bankruptcy debts within weeks — report 2024-03-22 at 23:00 By Cointelegraph by Tristan Greene Current investors such as Google and Amazon are not considering purchasing the stake, according to the report. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:
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US government asks for court approval to sell private jets tied to Sam Bankman-Fried 2024-03-22 at 21:02 By Cointelegraph by Turner Wright The U.S. Marshals Service has custody of a Bombardier Global tied to FTX, and prosecutors are seeking to transport an Embraer Legacy aircraft to Florida to begin sales proceedings. This article is an
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Judge greenlights class suit alleging Silvergate Bank aided FTX fraud 2024-03-22 at 09:03 By Cointelegraph by Jesse Coghlan A federal judge struck down Silvergate’s dismissal bid of a lawsuit claiming it aided fraud at FTX saying the allegations were adequate to proceed. This article is an excerpt from Cointelegraph.com News View Original Source React to
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FTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John Ray 2024-03-21 at 09:01 By Cointelegraph by Martin Young FTX chief John Ray III wrote a scathing victim impact statement on the exchange’s co-founder Sam Bankman-Fried ahead of his sentencing date. This article is an excerpt from Cointelegraph.com News View Original Source
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FTX victims describe ‘irreparable harm’ ahead of Sam Bankman-Fried’s sentencing 2024-03-19 at 18:02 By Cointelegraph by Turner Wright Judge Lewis Kaplan could potentially sentence the former FTX CEO to decades in prison on March 28 following his November 2023 conviction. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:
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Crypto’s ‘Alameda Gap’ vanishes amid Bitcoin’s meteoric rise: Kaiko 2024-03-19 at 06:07 By Cointelegraph by Martin Young Crypto market depth has almost fully recovered and is back to its pre-FTX average reports crypto research firm Kaiko. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:
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Top FTX claim holder Attestor sues seller amid Bitcoin rally 2024-03-18 at 11:04 By Cointelegraph by Helen Partz London-based Attestor has filed a lawsuit against FTX claims seller Lemma after making a 200% profit on the purchased FTX claims stash. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:
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Sam Bankman-Fried’s bankruptcy narrative revealed in new court documents 2024-03-16 at 19:00 By Cointelegraph by Ana Paula Pereira A Google document attached to the U.S. government sentencing memorandum reveals “random probably bad ideas” Sam Bankman-Fried had to repair his public image. This article is an excerpt from Cointelegraph.com News View Original Source React to this
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Prosecutors want $11B judgment, 40-50 years in prison for Sam Bankman-Fried 2024-03-16 at 03:12 By Cointelegraph by Derek Andersen Sam Bankman-Fried asked for a maximum sentence of six and a half years, but he could have gotten over 100 years. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:
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FTX to submit revised reorganization plan in mid-December 07/12/2023 at 16:02 By Cointelegraph by Amaka Nwaokocha Bankrupt crypto exchange FTX is preparing to present an updated reorganization plan to the court in mid-December. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:
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FTX and Alameda transfers another $22M worth of crypto asset 03/12/2023 at 14:02 By Cointelegraph by Amaka Nwaokocha Following their most recent move, FTX and Alameda Research have transferred another significant amount of digital assets, amounting to an impressive $22 million. This article is an excerpt from Cointelegraph.com News View Original Source React to this
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Sam Bankman-Fried will not file any post-trial motions, say lawyers 02/12/2023 at 00:04 By Cointelegraph by Turner Wright The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison. This article is an excerpt from Cointelegraph.com News View Original Source React
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SBF was almost extorted for ‘protection’ in Brooklyn jail, recalls ex-inmate 01/12/2023 at 07:04 By Cointelegraph by Jesse Coghlan Gene Borrello, a former prisoner at MDC, told crypto blogger Tiffany Fong that Sam Bankman-Fried was targeted for his timid nature and having “the body of the 80-year-old.” This article is an excerpt from Cointelegraph.com News
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Fireblocks launches trading system to mitigate centralized exchange risk 28/11/2023 at 22:02 By Cointelegraph By Tom Blackstone The “Off Exchange” trading system was launched by Fireblocks, allowing institutions to trade without fully relinquishing custody. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:
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FTX failure reveals flaws in multifunction crypto-asset intermediaries — FSB 28/11/2023 at 17:02 By Cointelegraph By Savannah Fortis The Financial Stability Board suggested the crypto industry might still require additional regulatory measures to prevent another FTX-like situation at the hands of crypto service providers. This article is an excerpt from Cointelegraph.com News View Original Source
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