Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX
Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation.
Auto Added by WPeMatico
Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation.
The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities.
The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto.
As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh.
The former FTX CEO returned to the witness to present his testimony to a jury of 12 people as the criminal trial begins to reach its final stages.
Amid myriad legal accusations surrounding its AI services, Google stands its ground, vowing to protect its users.
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…
A Singapore court permitted the use of NFTs to attach legal court orders tokenized as an NFT to issue a freeze order.
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?
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.