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FTX filed for bankruptcy 2 years ago — What’s happening now?

[Nov 11, 2024 9:50 PM] The exchange’s creditors haven’t been made whole despite a judge approving a plan, and sentencing for former executives is nearing an end.

FTX Wants $1.8 Billion From Binance and Changpeng Zhao

[Nov 11, 2024 9:33 PM] A new lawsuit by the FTX estate claims Binance and its former CEO were parties to an allegedly fraudulent share repurchase transaction. FTX is Going After Its Former Investors FTX wants its money back. According to court documents released by FTX…

Ex-Alameda exec Trabucco gives up yacht, apartments in FTX settlement

[Nov 11, 2024 9:32 PM] Sam Trabucco left Alameda Research months before the FTX collapse and kept his head down — probably on his yacht Soak My Deck.

FTX Sues Binance, Former CEO CZ for $1.8B

[Nov 11, 2024 12:14 PM] The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.

Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges

[Nov 11, 2024 10:12 AM] The suit also links him to organized crime in Eastern Europe and terrorist groups.

Alameda Research files $90M ‘aggressive’ lawsuit against Waves founder

[Nov 11, 2024 9:27 AM] FTX and Alameda’s “aggressive legal strategy” highlights the complexity of their financial issues after suing over 20 entities for funds, according to blockchain experts.

FTX bankruptcy estate sues Anthony Scaramucci and SkyBridge Capital

[Nov 9, 2024 8:34 PM] FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange.

FTX tries to reclaim $11M from Crypto.com-controlled Alameda account

[Nov 8, 2024 9:40 PM] Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users.

California revokes BlockFi’s lending license 2 years after bankruptcy

[Nov 8, 2024 10:01 AM] Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.

Alameda Boss Caroline Ellison Reports to Federal Prison for Role in FTX Scandal

[Nov 7, 2024 5:40 PM] Caroline Ellison, former chief executive of Alameda Research and a pivotal witness in the case against FTX founder Sam Bankman-Fried, has reported to a low-security federal prison in Connecticut following her two-year sentence, according to a CNBC…

Ex-Alameda Research CEO to report to prison for 2-year sentence

[Nov 7, 2024 3:29 PM] Caroline Ellison has been free on bail since her guilty plea in 2022, testifying at Sam Bankman-Fried’s criminal trial and subject to intense scrutiny by the media.

Former FTX CTO Gary Wang Asks Court for No Jail Time

[Nov 7, 2024 3:16 PM] Gary Wang, the former chief technology officer at FTX and a one-time member of former CEO and convicted fraudster Sam Bankman-Fried’s inner circle, has requested that he serve no prison time for his role in the crypto exchange’s 2022 implosion.

FTX co-founder and key witness Gary Wang asks judge for no jail time

[Nov 7, 2024 5:43 AM] Wang, one of Sam Bankman-Fried’s longtime friends and a key witness at his trial, is set to be sentenced on Nov. 20.

FTX adviser AlixPartners boosts crypto tracing with Chainalysis

[Oct 31, 2024 12:00 PM] Crypto and DeFi fraud schemes have a lot in common with loan schemes and market manipulation in 1980 and the dot com era, AlixPartners’ David White observed.

FTX's Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse

[Oct 30, 2024 8:13 PM] Singh is the fourth FTX executive to be sentenced for his role in the fraud.

Ex-FTX exec sentenced to time served after guilty plea

[Oct 30, 2024 8:06 PM] Nishad Singh will receive no prison time after pleading guilty to six felony charges in February 2023, cooperating with prosecutors and FTX’s debtors after the exchange’s collapse.

FTX CEO hints Nishad Singh should remain free to assist bankruptcy case

[Oct 30, 2024 3:35 PM] John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh’s cooperation in the firm’s bankruptcy would be “important to maximize recovery” for creditors.

FTX estate sues KuCoin to recover over $50M in assets

[Oct 29, 2024 3:25 PM] The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX's collapse in November 2022.

Coinbase to sponsor NBA team in aftermath of FTX collapse

[Oct 28, 2024 8:21 PM] FTX announced a partnership deal with the National Basketball Association’s Golden State Warriors in December 2021 — roughly a year before the exchange folded.

Nigeria frees Binance exec, Ripple appeals SEC XRP ruling: Law Decoded

[Oct 28, 2024 7:00 PM] The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains.

FTX settles lawsuit against the Bybit exchange for $228 million

[Oct 27, 2024 5:03 PM] The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices.

What to expect at Nishad Singh’s sentencing hearing

[Oct 25, 2024 3:53 PM] After pleading guilty to six felony charges in February 2023 after FTX’s collapse, the former engineering director could face years in prison.

US gov’t cites ex-FTX exec’s ‘exemplary cooperation’ before sentencing

[Oct 24, 2024 4:04 PM] Prosecutors asked Judge Lewis Kaplan to consider Nishad Singh’s “substantial assistance” to the government in its case against Sam Bankman-Fried at sentencing.

Government Lawyers Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation

[Oct 24, 2024 9:28 AM] Prosecutors in the case against former FTX executive Nishad Singh have asked the sentencing judge to take into account the “substantial assistance” and “exemplary cooperation” Singh provided to the government in its investigations into FTX when…

Nishad Singh asks for time served, claiming ‘limited’ role in FTX crimes

[Oct 17, 2024 4:47 PM] The former FTX engineering director pleaded guilty to fraud and conspiracy charges in February 2023 and will return to court on Oct. 30 for a sentencing hearing. 

Nishad Singh’s Lawyers Ask Judge to Spare Him Prison, Say He Is an 'Uncommonly Selfless Individual'

[Oct 17, 2024 6:02 AM] Lawyers say that his early cooperation was critical to bringing cases against Sam Bankman-Fried and Ryan Salame.

Convicted FTX executive Ryan Salame is officially in prison custody

[Oct 12, 2024 6:58 PM] During a recent appearance on Tucker Carlson's podcast, Salame claimed federal prosecutors unfairly targeted him for political reasons. 

Ex-FTX exec scheduled to report to prison after judge denies request

[Oct 11, 2024 5:00 PM] Judge Lewis Kaplan cited prosecutors’ opposition, which noted that Ryan Salame appeared “physically recovered and entirely unimpaired” during a recent Tucker Carlson interview.

FTX's Salame Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort

[Oct 11, 2024 2:58 PM] Former FTX executive Ryan Salame, convicted of violating U.S. election laws in his contribution of millions of dollars in the previous congressional elections, has been rebuffed in an 11th-hour attempt to delay his prison sentence to treat a dog…

Ryan Salame claims US unfairly targeted him over Republican donations

[Oct 11, 2024 11:55 AM] Former FTX co-CEO Ryan Salame claims his Republican campaign contributions led to unjust charges and contrasted his case with SBF’s.