[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.
[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.
[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…
[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.
[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.
[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…
[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.
[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.
[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.
[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.
[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.
[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…
[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…
[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…
[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.
[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?
[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.
[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.
[Sep 18, 2024 4:10 PM] Michelle Bond was free on a $1-million bond and restricted from traveling outside the continental US, while her partner, Ryan Salame, is expected to report to prison on Oct. 11.
[Sep 17, 2024 9:26 PM] Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys.
[Sep 17, 2024 7:30 PM] The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights…
[Sep 17, 2024 6:26 PM] International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022.
[Sep 17, 2024 5:16 PM] The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards.
[Sep 14, 2024 6:30 PM] Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance…
[Sep 14, 2024 1:45 PM] Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different…
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