13 / 58 Relevant items tagged with #Ftx

Posts

Prosecutors rest their case as Sam Bankman-Fried prepares to testify

[Oct 26, 2023 10:06 AM] Defense lawyers representing SBF called two witnesses, a Bahamas-based attorney and an expert from a litigation consulting firm, before the former FTX CEO’s testimony.

Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

[Oct 26, 2023 6:09 AM] The testimony will challenge the government‘s claims, especially the counsel’s role in auto-deletion, north dimension creation, payment agent agreement, Alameda loans and FTX terms of service.

FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges

[Oct 26, 2023 2:46 AM] The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.

Sam Bankman-Fried has no way to ‘outfox’ prosecutors: Scaramucci

[Oct 26, 2023 12:30 AM] SBF taking the stand in his criminal trial is “a very bad move,” as the FTX co-founder will be “skinned alive” by prosecutors, says Anthony Scaramucci.

FTX probes $6.5M in payments to AI safety group amid clawback crusade

[Oct 25, 2023 10:50 PM] Bankrupt crypto exchange FTX wants to look into millions it had given to the Center for AI Safety, a nonprofit that has argued AI should be a global priority next to pandemics and nuclear war.

Ex-FTX Chief’s Defense Team Challenges FBI Interviews, Raises Questions About Witness Credibility

[Oct 25, 2023 10:00 PM] On Wednesday, the defense team for the former FTX CEO Sam Bankman-Fried issued a letter to the judge seeking to question two FBI agents who interviewed Gary Wang, former chief technology officer of FTX, and Nishad Singh, former director of…

FTX Debtors Evaluate Bids for Dormant Crypto Exchange’s Revival

[Oct 25, 2023 2:00 PM] Insiders reveal that FTX creditors are sifting through bids from various entities eager to breathe life into the dormant crypto exchange. The company’s investment banker highlighted that FTX interacts with “multiple parties every…

FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours

[Oct 25, 2023 1:34 PM] According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase.

Will Sam Bankman-Fried fix his case when he takes the stand?

[Oct 25, 2023 12:59 PM] The former FTX CEO will take the stand in his own defense. Will it be enough to counter the narrative introduced by former employees and expert witnesses?

Sam Bankman-Fried will testify at criminal trial, say defense lawyers

[Oct 25, 2023 8:54 AM] After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case.

Millions in Ether, Chainlink Linked to FTX and Alameda Moved

[Oct 25, 2023 6:28 AM] These funds seemed to be sent to wallets of crypto exchange Binance as per Nansen data, where they presumably could be sold.

Sam Bankman-Fried’s Defunct Exchange FTX Receives Multiple Bids for Restart

[Oct 25, 2023 4:20 AM] Options also include a sale of the exchange, which boasted 9 million users before going bankrupt.

FTX navigates post-bankruptcy options, weighs sale or revival

[Oct 25, 2023 3:31 AM] Options reportedly include selling the entire exchange, including its extensive customer base of over nine million, to potentially forming a partnership with another entity to revive the platform.

BlockFi emerges from bankruptcy and opens wallet withdrawals

[Oct 24, 2023 1:26 PM] BlockFi announced that it is allowing both U.S. and international users to submit withdrawal requests.

Sam Bankman-Fried seeks expert to counter testimony from DOJ witnesses

[Oct 23, 2023 11:44 PM] Former FTX CEO Sam Bankman-Fried intends to call on a financial expert to rebuff testimonies from Caroline Ellison, Gary Wang, Nishad Singh and Adam Yedidia.

FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire

[Oct 23, 2023 1:18 PM] A deal was secured to pay those who had money at defunct FTX as much as 90% of the assets that remain, and now the lawyers representing some creditors are trying to get enough of those investors on board to make it happen.

Regulators around the globe assert more control over crypto: Law Decoded

[Oct 23, 2023 1:00 PM] From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets.

Sam Bankman-Fried trial moves to final stages

[Oct 22, 2023 11:46 AM] The trial of Sam Bankman-Fried is reaching a conclusion, with the prosecution set to rest its case on Oct. 26.

Ex-General Counsel Sheds Light on FTX’s $7B Gap in Bankman-Fried Fraud Trial

[Oct 22, 2023 1:30 AM] FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told…

FTX clients face deceptive priority withdrawal scam

[Oct 21, 2023 1:35 AM] FTX users have reported receiving deceptive emails purportedly sent by FTX Trading, West Realm Shires Services and FTX EU.

Sam Bankman-Fried asked FTX attorney to 'come up' with legal argument for $8B hole

[Oct 20, 2023 11:08 AM] According to former FTX general counsel Can Sun, Bankman-Fried "was not surprised at all" that billions of dollars were missing.

Solana Rallies 26% in a Week Despite FTX Sale Fears; What's Behind the Move?

[Oct 20, 2023 9:37 AM] Solana (SOL) jumped 11% Friday, and is one of the best performing crypto assets this year with a 170% gain.

FTX Billion-Dollar Fraud: Expert Figures Out Where The Missing $9 Billion Went

[Oct 19, 2023 5:00 AM] The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 18 with the direct examination of the prosecution’s expert witness, Peter Easton, an Accounting Professor who works at the University of…

FTX Estate Proposes Recovery Plan With 90% Asset Return Expected 

[Oct 19, 2023 2:30 AM] The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022. FTX Debtors Chart Path to Redress: 90% Asset Recovery…

Sam Bankman-Fried’s trial is telling a story of classic financial deceit

[Oct 18, 2023 2:16 PM] Disgraced FTX CEO Sam Bankman-Fried wasn't the first financial kingpin to get creative with balance sheets, and he won't be the last.

Chinese Developers Eager To Build On Solana: Will SOL Breeze Past $30?

[Oct 17, 2023 4:00 PM] China developers are active and willing to build on leading blockchain platforms if statistics from Solana Hyperdrive Hackathon submission details are anything to go by. In an X post on October 17, Matty Taylor, the Head of Growth at the Solana…

Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project

[Oct 17, 2023 3:35 PM] The email from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.

Sam Bankman-Fried’s Digital Footprint Jumps Amid Trial, But Fails to Surpass FTX Collapse Peak

[Oct 17, 2023 12:00 PM] According to Google Trends statistics, Sam Bankman-Fried’s search popularity surged just before his trial, maintaining an upward trend. Yet, it hasn’t matched the peak seen during FTX’s November 2022 collapse and his arrest that…

Nishad Singh says there is ’a lot’ he doesn’t remember about FTX in 2022 — SBF trial

[Oct 17, 2023 11:04 AM] Sam Bankman-Fried’s defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16.

FTX Plans to Return 90% of Customer Funds, But There's a Catch

[Oct 17, 2023 12:32 AM] An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.