FTX Sets $2.2B Distribution as Creditor Recoveries Reach up to 120%
FTX is set to begin a $2.2 billion creditor payout on March 31 while separately scheduling its first preferred equity payments for May 29, as multiple claim classes move toward…
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Prosecutors Urge Judge to Reject Sam Bankman-Fried’s Bid for New Trial in FTX Fraud Case
U.S. prosecutors are urging a federal judge to reject Sam Bankman-Fried’s attempt to secure a new trial, arguing his latest claims recycle arguments already rejected by a jury that convicted…
Sam Bankman-Fried Seeks New Trial as FTX Case Returns to Federal Docket
Sam Bankman-Fried has filed a pro se motion for a new trial in federal court, arguing newly discovered evidence and alleged constitutional violations warrant revisiting his FTX fraud conviction. First…
Backpack Exchange Founded By Ex‑FTX Staff Reaches $1 Billion Valuation, Announces Token Plan
Backpack, founded by former FTX employees, secures a reported $1 billion valuation and unveils a staged 1‑billion‑token launch tied to a U.S. Initial Public Offering (IPO). Backpack, a crypto exchange…
FTX Star Witness Caroline Ellison Transferred to Community Confinement After 11 Months in Prison
Former Alameda Research CEO Caroline Ellison has been moved from Danbury FCI to community confinement after serving 11 months of her two‑year sentence, a shift the Bureau of Prisons confirmed…
SBF to Appeal Conviction, Claims Trial Tainted by Judge Kaplan’s Bias
Sam Bankman-Fried is appealing his FTX conviction, arguing he was denied a fair trial due to media bias, prosecutorial overreach, and alleged misconduct by Judge Lewis Kaplan. Allegations of a…
Bankman-Fried Blames Lawyers for FTX Collapse, Says $100B in Value Was Lost
The fallen FTX founder Sam Bankman-Fried is back on X, insisting his collapsed exchange wasn’t actually insolvent. He’s now claiming that outside lawyers strong-armed the company into filing for bankruptcy.…
SBF Says FTX ‘Was Never Insolvent’ in Interview; Crypto Community Calls It Spin
In a new prison interview with the conservative X account @amuse, Sam Bankman-Fried argues FTX “was never insolvent,” contending assets exceeded liabilities at filing and that bankruptcy professionals destroyed value…
Sam Bankman Fried’s Message From Jail: ‘No, I Do Not Have a *** Phone’
At least one former officer once employed at the same low-security facility Sam Bankman-Fried is currently imprisoned in was found guilty of smuggling a cellphone on behalf of an inmate…
FTX Recovery Trust Sues Genesis Digital Assets, Seeks $1.15B Clawback
FTX Recovery Trust filed a Delaware adversary complaint seeking to claw back $1.15 billion from Genesis Digital Assets and affiliates, alleging Alameda-funded investments were fraudulent transfers financed with commingled customer…
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