[Nov 6, 2023 3:11 AM] The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token's price is near the highest in a year.
[Nov 6, 2023 2:43 AM] The $744 million trust asset sale request comes after the judge approved the phased-out sale of nearly $3.4 billion in crypto assets in September.
[Nov 6, 2023 12:30 AM] Bankrupt crypto exchange FTX and its debtors have asked the U.S. Bankruptcy Court in Delaware to approve the sale of trust assets, funds of Grayscale and Bitwise amounting to an estimated $744m, through an investment adviser.
[Nov 4, 2023 8:30 PM] The U.S. Securities and Exchange Commission’s former head of internet enforcement says the conviction of ex-FTX CEO Sam Bankman-Fried (SBF) is “just the tip of the iceberg” for the entire crypto industry. “People should not think…
[Nov 4, 2023 2:30 PM] Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local…
[Nov 4, 2023 10:30 AM] A jury has unanimously convicted Sam Bankman-Fried on a slew of charges, encompassing wire fraud, conspiracy to engage in wire fraud, and money laundering among the seven counts. The following is an in-depth look at what will happen between now and…
[Nov 3, 2023 1:47 PM] FTX advisers have complied with subpoenas from multiple FBI field offices in recent months, providing law enforcement with records of some customers’ trades.
[Nov 3, 2023 12:03 PM] The U.S. Commodity Futures Trading Commission (CFTC) proposed a rule change Friday on how customer funds should be invested by firms the agency oversees – futures commission merchants (FCMs) and derivative clearing organizations (DCOs).
[Nov 3, 2023 11:10 AM] Former FTX CEO Sam Bankman-Fried dreamed of being the president of the United States, but his lawlessness eventually caught up with him.
[Nov 3, 2023 2:32 AM] Solana co-founder Anatoly Yakovenko reflects on the fallout of FTX's failure and its initial impact on Solana ecosystem builders.
[Nov 2, 2023 11:00 PM] The former FTX CEO is headed back to prison and awaits a potential second trial in March, while his lawyers pledged to “continue to vigorously fight the charges against him."
[Nov 2, 2023 6:24 PM] Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday evening…
[Nov 2, 2023 6:03 PM] U.S. Attorney Damian Williams called Bankman-Fried’s crimes "a multibillion-dollar scheme designed to make him the king of crypto" and one of the biggest financial frauds in American history.
[Nov 2, 2023 2:14 PM] Solana's [SOL] spectacular comeback – up over 300% this year – has captivated crypto market participants after being one of the most beaten-down assets during the bear market.
[Nov 2, 2023 2:00 PM] Federal prosecutor Nicolas Roos argued this week that Sam Bankman-Fried stole billions in customer funds from his cryptocurrency exchange FTX and lied repeatedly to cover it up, actions that make him guilty on all counts. The prosecutor’s…
[Nov 2, 2023 10:00 AM] Sam Bankman-Fried’s lawyer Mark Cohen gave a final argument Wednesday, portraying the FTX founder as someone who “did his best” and made mistakes but did not commit crimes. Bankman-Fried’s Lawyer: ‘Mistakes Are Not a…
[Nov 1, 2023 2:03 PM] The prosecution is delivering its closing arguments at the Southern District Court of New York, where SBF’s trial has been taking place since Oct. 3.
[Nov 1, 2023 9:08 AM] The U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF is guilty of fraud and conspiracy to commit fraud.
[Nov 1, 2023 3:25 AM] A court-ordered liquidation process allows FTX to sell nearly $3.4 billion worth of crypto assets in weekly batches starting from $50 million a week.
[Oct 31, 2023 9:00 PM] SOL, the primary currency of Solana, is one of the top-performing coins in the top 10, according to CoinMarketCap, a crypto tracker. According to data on October 31, SOL is changing hands above $36, trending at 2023 highs, reversing all post-FTX…
[Oct 31, 2023 5:30 PM] Lawyers for Sam Bankman-Fried are seeking to instruct the jury that no trust or fiduciary relationship existed between the crypto exchange and its customers, a key part of the prosecution’s fraud case. Bankman-Fried’s Attorneys Question Trust…
[Oct 31, 2023 3:00 PM] Blockchain analytics firm Nansen has recently revealed that wallets associated with bankrupt crypto exchange FTX have transferred approximately $156 million worth of digital assets, including Ethereum (ETH) and Solana (SOL), in a series of…
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