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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.

Former FTX Customer Sues Hedge Fund, Says It Reneged on Bankruptcy Payout Deal

[Oct 11, 2024 9:16 AM] Alexander Nikolas Gierczyk of California says the hedge fund he sold his FTX bankruptcy claim to isn't paying out what it promised.

FTX user sues hedge fund over bankruptcy profits

[Oct 11, 2024 8:33 AM] Nikolas Gierczyk alleged that the hedge fund that bought his FTX claims refused to honor an agreement allowing additional recovery of his funds. 

FTX Bankruptcy: Key Dates For The $16 Billion Payout And Potential Market Effects

[Oct 10, 2024 1:00 AM] On Monday, a US bankruptcy court officially approved the liquidation plan for cryptocurrency exchange FTX, allowing the company to repay its customers using approximately $16 billion in recovered assets.  This decision comes at a critical time for…

Ryan Salame requests self-surrender date be pushed to Dec. 7

[Oct 9, 2024 8:49 PM] The former FTX executive claimed the need for “continuing medical treatment” after being bitten by a dog in June.

Ex-FTX exec ‘not worried’ about reporting to prison on Oct. 11

[Oct 8, 2024 6:40 PM] Ryan Salame pleaded guilty to conspiracy to make unlawful political contributions and defraud the Federal Election Commission after FTX’s collapse.

Delaware Judge Approves FTX Estate’s Bankruptcy Plan

[Oct 7, 2024 8:50 PM] A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some.

MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average

[Oct 7, 2024 8:49 PM] NEAR, UNI and APT led crypto gains, while bitcoin (BTC) faded after pushing through $64,000 earlier in the day.

FTX Bankruptcy Plan Approved: $16 Billion In Assets To Be Repaid, FTT Price Soars 20%

[Oct 7, 2024 8:33 PM] A US bankruptcy court has officially approved crypto exchange FTX liquidation plan, paving the way for it to repay customers using $16 billion in recovered assets, according to Reuters, which reports that the ruling was made by Judge John Dorsey…

Bankruptcy judge approves FTX’s reorganization plan

[Oct 7, 2024 7:43 PM] Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users.

FTX bankruptcy estate auctioning Worldcoin tokens this week

[Oct 2, 2024 9:17 PM] According to CoinGecko, Worldcoin currently has a market capitalization of approximately $792 million and a 494 million circulating supply.

Diddy Hires Sam Bankman-Fried’s (New) Lawyer

[Oct 1, 2024 6:51 PM] Sean “Diddy” Combs has hired Sam Bankman-Fried’s lawyer, Alexandra Shapiro, to appeal a New York judge’s decision to keep him locked up while he awaits trial for racketeering and sex trafficking charges.

FTX Dotcom Creditors Vote Massively in Favor of Reorganizing Plan

[Oct 1, 2024 8:56 AM] Over 94% of creditors voted in favor of the plan, which promises to return 118% of their claims in cash.

No, FTX distribution payments do not begin on September 30

[Sep 29, 2024 5:27 PM] According to the FTX bankruptcy estate, total claims from injured parties top $11 billion, as a court hearing to confirm the plan looms. 

FTX creditors only getting '10-25% of their crypto back' — creditor

[Sep 28, 2024 6:58 PM] Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value. 

Suze Orman Recommends BTC: ‘Everybody Should Absolutely Have Exposure to Bitcoin’

[Sep 28, 2024 3:30 AM] Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent investors like Dave Ramsey and Warren Buffett. She underscores the potential gains for those who can manage its volatility…

Breaking: Caroline Ellison sentenced to 2 years in prison

[Sep 24, 2024 8:17 PM] The former head of Alameda Research will serve her sentence in a minimum-security prison. 

Ex-Alameda CEO Caroline Ellison Receives 24-Month Sentence

[Sep 24, 2024 8:05 PM] On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom banned cameras, video, and phone recordings during the…

What to Expect at Former Alameda Research CEO Caroline Ellison's Sentencing

[Sep 24, 2024 5:30 PM] Former Alameda Research CEO Caroline Ellison will learn her fate in a few hours. She may spend the next several months or years behind bars, but her attorneys, the Department of Justice and the Probation Office all seem to think she should remain a…

SBF’s neurodivergence saw him ‘misinterpreted’ at trial, doctors argue

[Sep 24, 2024 3:30 AM] The court and jury could have misunderstood Sam Bankman-Fried’s behavior during his criminal trial due to his autism and attention deficit disorders, doctors wrote in a recent amicus brief.

Crypto PR exec relishes 'skepticism' around crypto marketing

[Sep 22, 2024 6:53 AM] Serotonin CEO Amanda Cassatt pointed out that marketing is “a mechanism for perpetrating the fakery and the scams.”

What to expect at Caroline Ellison’s sentencing hearing

[Sep 20, 2024 6:38 PM] The former Alameda Research CEO’s lawyers have requested time served, and prosecutors seemed flattering in their sentencing memo, but what will Judge Lewis Kaplan say on Sept. 24?

Tether’s transparency and business structure raises $118B FTX-like concerns

[Sep 20, 2024 7:30 AM] Tether’s market share has surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant’s influence over the crypto industry.

Silvergate Capital files for Chapter 11 bankruptcy in Delaware

[Sep 18, 2024 5:45 PM] The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million.