This Is the Prison Sentence Requested by Sam Bankman-Fried’s Legal Team
According to a Tuesday filing, Sam Bankman-Fried’s lawyers have argued to a U.S. judge that a sentence between 63 to 78 months is fit for the former FTX boss. The…
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FTX Cleared to Sell Shares in Artificial Intelligence Startup Anthropic
A US judge has authorized FTX to offload its ownership in Anthropic, an AI startup potentially. The decision came after the failed exchange settled a dispute with a faction of…
Swiss Crypto Hedge Fund in Clash with Client over FTX Exposure: Report
Tyr Capital Partners, a crypto hedge fund based in Switzerland, is facing accusations of mismanagement from an investor, according to a Financial Times report. Swiss prosecutors have initiated a search…
FTX to Sell Off Digital Custody at a Very Steep Markdown
After entertaining the possibility of restarting FTX following the bankruptcy process for a long time, lawyers for the defunct exchange have announced that that plan is now scrapped, and the…
SIM Swappers Charged Over $400 Million FTX Hack Amid Bankcuptcy Filing
In a court case that happened recently – and whose transcripts were made available today – the identities of those behind the $400 million FTX exploit that took place shortly…
Larry David Expresses Regret Over FTX Ad Amid Founder’s Fraud Conviction
The popular actor and comedian Larry David has expressed remorse over participating in a high-profile 2022 Super Bowl commercial for the now-fallen cryptocurrency exchange FTX. Notably, Sam Bankman Fried, the…
FTX Bankruptcy Says Customers Will Get 100% Of Their Money Back
Defunct crypto exchange FTX expects to pay its customers and creditors back “in full” after the company’s collapse over a year ago left counterparties billions of dollars in the hole.…
FTX Responsible For Nearly $1 Billion Of GBTC Outflows: Report
Defunct crypto exchange FTX may be behind a tsunami of outflows from the Grayscale Bitcoin Trust (GBTC) this month – and by extension, may have caused a significant downturn in…
SBF’s Parents Fight FTX’s Clawback Attempt
Joseph Bankman and Barbara Fried were always close to their son. A certain amount of interest in the well-being of their son and that of his business dealings is to…
Celsius Executes $125 Million Transfer to Crypto Exchanges in Repayment Drive
Bankrupt lending firm Celsius has transferred over $125 million worth of its Ether to crypto exchanges in the past week as part of its initiative to repay creditors. The move…
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