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Post-FTX Collapse: 16 Settlements Finalized in Two Years Indicate Heightened Regulatory Focus

FTX and its sister firm Alameda faced the largest crypto-related enforcement by US regulators, with a staggering $12.7 billion in combined settlement charges. According to CoinGecko’s findings, this amount tops…

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Court Approves FTX Reorganization Plan, Here’s What’s Next for Creditors

FTX has reached a significant milestone in its bankruptcy proceedings as the US Bankruptcy Court for the District of Delaware has officially approved the company’s reorganization plan. This comes nearly…

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Sean ‘Diddy’ Combs Shares the Same Prison Cell With FTX’s Sam Bankman-Fried: Report

Sources familiar with the living arrangements of the Metropolitan Detention Center (MDC) in Brooklyn have revealed interesting facts about two popular inmates. The recently arrested American rapper and celebrity Sean…

Continue ReadingSean ‘Diddy’ Combs Shares the Same Prison Cell With FTX’s Sam Bankman-Fried: Report

Former Alameda Research CEO Caroline Ellison’s Attorneys Seek Leniency Ahead of Sentencing

According to a late Tuesday filing from her lawyers, Caroline Ellison, the former CEO of Alameda Research, should be sentenced to time served and supervised release. The request comes ahead…

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New York Judge Approves $12.7 Billion Settlement for FTX and Alameda to Repay Creditors

United States District Judge Peter Castel has finalized a $12.7 billion settlement, obligating the bankrupt cryptocurrency exchange FTX and its sister company Alameda Research to compensate the former’s creditors. This…

Continue ReadingNew York Judge Approves $12.7 Billion Settlement for FTX and Alameda to Repay Creditors