Sam Bankman-Fried Heading Back to US on Wednesday: Report
Sam Bankman-Fried, the former boss of the failed cryptocurrency exchange FTX, is flying back to the United States as early as Wednesday. This was revealed by Doan Cleare, the acting…
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League of Legends’ Developer Wants to Cut All Ties With FTX (Report)
Riot Games – an American company famous for developing the video game League of Legends – reportedly filed a motion to end its collaboration with FTX. The collapsed crypto platform…
Democratic PAC to Return $3 Million of FTX’s Political Donations
Negative press surrounding bankrupt crypto exchange FTX has inspired the Democratic Senate Majority PAC to return $3 million in political donations from the company’s executives. Those donations include $2 million…
Another DeFi Protocol Reveals Exposure to FTX, Alameda
Mojito Markets, an Aptos decentralized exchange (DEX), is the latest one to reveal exposure to the FTX implosion. As a result, the platform is putting a pause on project development…
FTX Creditors Could Recover up to 40% of Their Funds, Says Jefferies (Report)
The global investment banking firm – Jefferies Group – reportedly determined FTX creditors could retrieve as much as 40% of their lost money. In an interview for The Block, Joseph Femenia…
FTX Contagion is not Over yet, Guggenheim’s Scott Minerd Warns
Scott Minerd – CIO and Chairman of Guggenheim Partners – believes the demise of crypto exchange FTX will cause more problems for companies and investors. He reiterated his stance that…
Sam Bankman-Fried Won’t Contest Extradition to the US: Report
Sam Bankman-Fried – the former CEO of defunct crypto exchange FTX – will supposedly reverse his decision to contest extradition to the US. According to a Reuters report, SBF will…
Distressed Crypto Platform Amber Group Secures a $300 Million Fundraiser
Amber Group – a cryptocurrency platform backed by Singapore’s investment company Temasek – completed a $300 million funding round. The money will be distributed to clients affected by the FTX…
SBF Files Another Bail Application After Unsuccesful Bid For Release
The former FTX CEO, Sam Bankman-Fried, has reportedly filed a new application for bail in the Bahamas Supreme Court. The news comes just days after SBF was remanded to a…
A Closer Look at What Sam Bankman-Fried is Accused of Exactly
FTX and Alameda Research founder Sam Bankman-Fried (SBF) was the town’s buzziest megadonor. Over the past couple of years, he had given tens of millions to federal candidates and groups…
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