FTX New Management Announces Crucial Deadline for Creditor Claims
In a new turn of events, the defunct crypto exchange platform FTX earmarked September 29, 2023, at exactly 4 PM ET as the final deadline for creditors registering their proofs…
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Former Alameda Engineer Exposes Firm’s Role in Bitcoin’s 87% Plunge in 2021
Aditya Baradwaj, a former engineer at the bankrupt cryptocurrency trading firm Alameda Research, has revealed that the company was behind bitcoin’s 87% plunge in 2021. Baradwaj explained the events that…
Sam Bankman-Fried Appeals for Release from NY Jail Before Fraud Trial
Incoming reports indicate that Sam Bankman-Fried’s legal team is readying their arguments for a pretrial release hearing before the U.S. appeals court on Tuesday as the billionaire founder of the…
Stanford University to Return Millions in FTX Gifts
Stanford University outlined its intention to return millions of dollars in gifts it received from the bankrupt cryptocurrency exchange FTX and associated entities. This decision comes as the exchange is…
FTX Sues SBF’s Parents Over Breaches of Fiduciary Duties and Unjust Enrichment
The bankrupt cryptocurrency exchange FTX and its affiliated entities have sued Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried (SBF), the disgraced founder and former CEO of the…
FTX Dismisses Crypto Influencer BitBoy From Legal Case, Settles With These Celebrities
The co-lead counsel of the bankrupt cryptocurrency exchange FTX is making progress in their attempts to claw back funds donated to celebrities, influencers, professional athletes, and teams by the Sam…
Reasons Why FTX’s Mass Token Liquidation Is Unlikely to Cause Market Shocks: Report
A weekly market report by America’s largest cryptocurrency exchange, Coinbase, has outlined several reasons why the forthcoming mass token liquidation by its bankrupt rival FTX is unlikely to cause market…
SBF Wrote 70 Pages Worth of Unpublished Twitter Posts Attempting to Justify His Actions
With about two weeks to go until the start of Sam Bankman-Fried’s trial, yet another trove of documents replete with everything from his early life to unverifiable attempts at exonerating…
FTX Receives Court Approval to Liquidate its Crypto Holdings
Bankrupt cryptocurrency exchange FTX has been approved by the bankruptcy court to liquidate its crypto assets worth $3.4 billion. Meanwhile, the company’s former CEO, Sam Bankman-Fried, may stay in prison…
Court Denies Sam Bankman-Fried Requests for Pretrial Jail Release
The US Judge in charge of Sam Bankman-Fried’s case has denied the former FTX CEO’s repeated requests for a temporary release from jail to make adequate preparations ahead of his…
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