[Apr 5, 2024 3:23 PM] In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule…
[Apr 5, 2024 5:34 AM] Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with third parties to launch a $750 – $850 million crypto-focused investment…
[Apr 2, 2024 1:33 AM] After Sam Bankman-Fried was sentenced to nearly a quarter-century behind bars for his involvement in financial wrongdoings, Caroline Ellison, Gary Wang, Ryan Salame, and Nishad Singh are up next to face consequences for their roles in the FTX…
[Apr 1, 2024 9:00 PM] In a recent interview with ABC News, Sam Bankman-Fried (SBF), the co-founder and former CEO of the now-bankrupt cryptocurrency exchange FTX, spoke about his remorse and plans for an appeal following his recent 25-year prison sentence for fraud. FTX…
[Apr 1, 2024 1:19 PM] The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is “haunted” daily by the events that…
[Mar 28, 2024 10:49 AM] He did incalculable harm, but arguing for a sentence longer than 25 years is unfair to the man and the industry he once represented.
[Mar 28, 2024 10:30 AM] Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in New York for orchestrating an $8 billion theft from FTX customers. BREAKING: JUDGE SENTENCES SAM BANKMAN-FRIED TO 25 YEARS IN…
[Mar 28, 2024 10:14 AM] In a highly anticipated courtroom verdict, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. US District Judge Lewis Kaplan delivered the judgment during a…
[Mar 25, 2024 2:00 PM] Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has…
[Mar 23, 2024 2:30 PM] John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the impact on its creditors. FTX Chief Restructuring…
[Mar 22, 2024 3:56 PM] FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.
[Mar 22, 2024 12:30 PM] A recent research paper on SSRN by legal scholars scrutinizes the ethical quandaries and potential conflicts of interest surrounding Sullivan & Cromwell LLP’s involvement in FTX’s Chapter 11 bankruptcy filing. Study Highlights Legal…
[Mar 20, 2024 5:05 PM] In a detailed letter to Judge Lewis Kaplan, the legal representatives for Sam Bankman-Fried, the embattled founder of cryptocurrency exchange FTX, have vehemently argued against the government’s recommendation for a 50-year prison sentence…
[Mar 18, 2024 11:20 PM] The Department of Justice filed dozens of victim impact statements from FTX creditors Monday ahead of Bankman-Fried's sentencing next week. These victims hail from around the world, with the letters describing their FTX holdings and the effect…
[Mar 18, 2024 11:45 AM] London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims…
[Mar 16, 2024 2:00 PM] In a statement from U.S. Attorney Damian Williams and his team, the fallen FTX founder, Sam Bankman-Fried (SBF), faces a recommendation for up to half a century behind bars for his offenses. The prosecutors argue that SBF has a penchant for…
[Mar 7, 2024 8:00 PM] Pantera Capital, a prominent crypto-focused asset manager with assets totaling $5.2 billion, has launched a fundraising campaign to purchase discounted Solana (SOL) tokens from the bankrupt estate of crypto exchange FTX. According to Bloomberg…
[Mar 1, 2024 12:00 PM] Adam Cochran, a partner and professor, is bullish about OP, the native token of Optimism, the layer-2 scaling solution for Ethereum. Taking to X, Cochran is convinced OP is undervalued, pointing to the significance of Coinbase and the brand it has…
[Feb 29, 2024 12:30 AM] In a recent legal submission, Sam Bankman-Fried’s freshly appointed defense team strongly criticized the suggested century-long sentence as “grotesque.” The firm Mukasey Young is pushing for a gentler verdict for the 31-year-old creator of…
[Feb 23, 2024 12:17 AM] The FTX bankruptcy estate has been granted approval to sell its stake in artificial intelligence (AI) startup Anthropic, court filings from Thursday show.
[Feb 20, 2024 7:30 PM] This week, a prison snapshot featuring Sam Bankman-Fried (SBF), the ex-FTX chief, was released by the independent journalist Tiffany Fong. Capturing the first glimpse of SBF since his detention, the image places the once-prominent cryptocurrency…
[Feb 19, 2024 8:00 PM] Worldcoin, the digital identity token ERC-20 project on the Ethereum (ETH) blockchain, has garnered significant attention. Its native token, WLD, emerges as the top performer among the top 100 cryptocurrencies by market capitalization. The token…
[Feb 19, 2024 5:44 AM] However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.
[Feb 16, 2024 8:01 AM] Restitution paid to victims can be considered when sentencing, and judges in the Southern District of New York routinely impose shorter terms than guidelines suggest for white-collar cases.
[Feb 15, 2024 8:00 PM] According to a recent report from Spot On Chain, Bitcoin might be on the edge of a notable plunge. So far, the flagship cryptocurrency has recently broken through the $52,000 mark and traded above it for the first time since December 2021. However…
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BREAKING: JUDGE SENTENCES SAM BANKMAN-FRIED TO 25 YEARS IN…