SBF Learns The Ropes of a New Financial System Involving Mackerel
Sam Bankman-Fried, who was convicted by a jury after only a few hours of deliberation, is currently waiting for his indictment in a cell at the MDC. Adjusting to a…
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FTX Foundation Employee Battles for $275K Bonus Amid Legal Fray: Report
A former trader from Jane Street, hired by Sam Bankman-Fried to contribute to FTX’s philanthropic efforts, is currently in a legal battle to secure the remaining portion of his 2022…
Potential Implication of SBF Verdict on Crypto Leaders
The recent conviction of Sam Bankman-Fried (SBF) marks a pivotal moment in the cryptocurrency industry, carrying significant implications for its leaders and stakeholders. As the founder of the now-defunct FTX…
1 Year Later: FTX Saga Exposes Regulatory Gaps as Recovery Efforts Continue
Since FTX’s bankruptcy on November 11, 2022, significant developments have unfolded. FTX founder Sam Bankman-Fried has been swiftly convicted on seven criminal charges, potentially facing a prison sentence of up…
FTX’s Asset Recovery Attempts Continue With $950M Lawsuit Filed Against Bybit
Approximately a year after its implosion, the once-crypto giant has taken another step in trying to recover funds from third parties. In this case, FTX’s legal team has reportedly gone…
Proof Group Emerges as Contender to Revive Bankrupt FTX
The investment firm Proof Group is said to be among the bidders expressing interest in revitalizing the bankrupt crypto exchange FTX, as per two individuals familiar with the situation. Notably,…
Did You Know? Sam Bankman-Fried Lost Millions Worth of Ripple (XRP)
TL;DR Sam Bankman-Fried supposedly lost $4 million in XRP from Alameda Research, underestimating the issue despite internal concerns. The mishandling of the missing XRP eroded trust within Alameda Research’s executive…
Bitcoin Consolidates Around $35K, SOL Leads Altcoin Rally, SBF Found Guilty: This Week’s Recap
This week has seen a whirlwind of events. Bitcoin’s price seems like the only stable thing in the industry right now, however hilarious that may be. That said, the cryptocurrency…
Guilty: Inside Sam Bankman-Fried’s Verdict and Everything You Need to Know
After the collapse of Sam Bankman-Fried’s FTX, customers suffered losses in the billions of dollars. Following a grueling trial in New York and four hours of deliberations, the jury’s verdict…
Sam-Bankman Fried Takes the Stand In Court, But With No Jury
FTX founder Sam Bankman-Fried testified for the first time during his own fraud trial on Thursday, in what expert onlookers are calling a “hail mary” to rescue himself from conviction.…
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