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CryptoCurrency
FTX Saga: Court Denies Sam Bankman-Fried's Pre-Trial Release Bid
2023-09-22T09:02:07.080+02:00
Judge revokes Sam Bankman-Fried's release on bond.
The trial is scheduled to take place in a federal courtroom on October 3rd.
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Crypto Industry Ramifications of FTX Suing LayerZero Labs
2023-09-21T16:15:31.966+02:00
The story unfolds.
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FTX Lawsuit Prompts Stanford University to Return $5.5 Million in Gifts
2023-09-20T19:03:37.704+02:00
The gifts were allegedly meant for the prevention of the pandemic.
The transfers were made between November 2021 and May 2022.
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FTX Sues Sam Bankman-Fried's Parents, Aims to Recover "Millions of Dollars"
2023-09-19T08:16:37.908+02:00
The parents, directly and indirectly, received tens of millions of dollars from FTX.
They also used their expertise in law to get the funds.
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CryptoCurrency
FTX Case: Trevor Lawrence and Influencers Settle Lawsuit
2023-09-18T13:18:43.837+02:00
The terms of the settlement have not been disclosed.
FTX's Founder Sam Bankman-Fried is set to face a criminal trial next month.
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Genesis’ Exit: Crypto Lender Shuts Down All Trading Operations
2023-09-14T19:57:35.649+02:00
The crypto lender is handling disputes with FTX and Gemini.
The closure of its operations affects both U.S. and international trading desks.
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CryptoCurrency
Have Former FTX Customers Been Able to Find Any Relief?
2023-09-14T14:28:56.787+02:00
User protection is critical within the crypto sector.
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FTX Granted Permission to Sell $3.4B in Crypto Holdings by US Court
2023-09-13T20:45:08.617+02:00
US Bankruptcy court overruled objections, clearing the path for the disposal of the assets.
The exchange’s creditors have welcomed this move, highlighting the urgency of the process.
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CryptoCurrency
FTX Unveils Billions in Assets, including $1.6B in Solana and $560M in Bitcoin
2023-09-11T18:30:03.060+02:00
FTX's executives allegedly received $2.2 billion before the company collapsed.
A court document reveals the company’s extensive real estate portfolio in the Bahamas.
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CryptoCurrency
FTX Seeks Payments Recovery from Top Athletes and Clubs
2023-09-11T07:45:29.252+02:00
The collapsed crypto exchange paid millions of dollars for these endorsements.
The recovery includes $750,000 from Shaquille O’Neal.
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CryptoCurrency
FTX’s Salame Set to Plead Guilty after Prolonged Negotiations with Prosecutors: Report
2023-09-07T19:48:38.725+02:00
Ryan Salame’s plea followed closely behind the impending trial of Sam Bankman-Fried.
There are speculations that he may face violations related to political donation regulations.
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CryptoCurrency
The FTX Full Story: All You Need to Know
2023-09-05T12:04:57.393+02:00
The rise and fall of the crypto giant.
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CryptoCurrency
A Twist in Bankman-Fried Saga: Robinhood Strikes $600M Deal to Reclaim Shares
2023-09-01T20:09:01.959+02:00
Earlier, SBF held a 7.6% stake in Robinhood but lost due to legal concerns.
Robinhood bought back millions worth of shares from SBF's Emergent Fidelity Technologies.
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CryptoCurrency
US DOJ Opposes Sam Bankman-Fried’s Claims on Evidence
2023-08-30T00:25:52.227+02:00
The lawyers representing FTX's Founder want evidence gathered after July 1 to be inadmissible.
However, the DOJ said the lawyers have had access to the discovery materials for months.
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CryptoCurrency
Bankman-Fried Appeals Judge’s Jail Decision as October Trial Looms
2023-08-28T23:44:12.665+02:00
The FTX Founder exercised his right by sharing Caroline Elison's details, lawyers argue.
In a separate filing, the lawyers sought the embattled entrepreneur's temporary release.
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CryptoCurrency
FTX, BlockFI and Genesis’ Customer Data Exposed in “SIM Swapping Attack”
2023-08-25T20:36:59.370+02:00
The crypto exchange, FTX said compromised customer data is “non-sensitive.”
However, the firm urged customers to be on high alert for scam emails.
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CryptoCurrency
Court Permits “Unlimited” Access to Jailed Bankman-Fried for Trial Preparation
2023-08-24T16:50:16.300+02:00
The permission falls short of the FTX Founder's lawyers' request.
FTX's bankruptcy estate wants to onboard Galaxy for guidance on crypto holding.
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From Bankruptcy to Strategy: FTX Partners with Galaxy to Maximize Value for Creditors
2023-08-24T12:01:14.894+02:00
The failed exchange aims to sell, stake, and hedge its USD $3 billion crypto holdings.
The collaboration aims to prevent an abrupt drop in the price of crypto assets.
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Sam Bankman-Fried Pleads Not Guilty to New Indictment
2023-08-22T19:14:17.486+02:00
Bankman-Fried's lawyers claimed he is being denied access to his medicine.
They also want extra meeting days with the crypto entrepreneur for his trial preparation.
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FTX Updates Settlement Terms for 'Small Estate Claims' after US Trustee's Disapproval
2023-08-21T15:35:15.303+02:00
The exchange criticized the US Trustee for objecting to the settlement.
Meanwhile, FTX and Genesis recently agreed to a payment of $175 million to resolve their dispute.
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CryptoCurrency
Bankrupt BlockFi Gets Court’s Backing, Enables Withdrawal for US Customers
2023-08-17T21:27:52.410+02:00
The firm looks forward to permitting withdrawal for international clients.
BlockFi had exposure of $1.2 billion to FTX and Alameda Research.
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FTX Softens $4B Demand, Strikes $175M Settlement with Genesis
2023-08-17T18:04:39.538+02:00
Both parties reached the agreement 'in principle' on or around July 20.
Genesis raised over $350M in customer, avoidance and loan claims against FTX.
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Sam Bankman-Fried Allegedly Diverted $100M of FTX Funds to Political Donations
2023-08-15T09:57:28.030+02:00
An amendment indictment states that Bankman-Fried used 'straw donors' to influence Congress.
SBF was sent to jail ahead of his trial for allegedly tampering with witnesses.
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Sam Bankman-Fried Lands in Jail Ahead of Criminal Trial
2023-08-11T23:31:24.562+02:00
The FTX Founder was accused of witness tampering by federal prosecutors.
The embattled entrepreneur is also facing a $1 billion lawsuit from the FTX estate.
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CryptoCurrency
FTX's Debtors Battle for Asset Control amid Restructuring Plans
2023-08-10T17:45:37.775+02:00
The exchange's debtors have opposed plans to invest USD $2.6 billion in Treasuries.
The disagreement arrived when the exchange was planning to restart operations.
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