Three of the five individuals indicted in the FTX case have been sent to prison, while one was given time served. On Nov. 20, FTX co-founder Zixiao “Gary” Wang will stand before a judge in a New York ...
The US DOJ ends a $200 million Bitcoin Ponzi scheme, drawing FTX comparisons as founder receives 20-year prison sentence.
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the once-leading crypto exchange ...
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SBF attacks prosecutors and the Biden administration, claiming political bias and “lawfare” influenced his conviction
Sam Bankman-Fried (SBF), the imprisoned former CEO of FTX, has launched a fresh attack on what he calls “Biden’s lawfare machine,” claiming prosecutors prevented him from presenting evidence that ...
The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. The FTX estate alleges the funds were fraudulently transferred by Sam Bankman-Fried. is a news writer focused on ...
NEW YORK, Oct 7 (Reuters) - FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since the ...
The FTX Recovery Trust will distribute more than $5 billion to creditors starting May 30, as part of its second payout under the Chapter 11 bankruptcy plan. This marks a significant step in addressing ...
As FTX’s bankruptcy estate seeks to recover funds for creditors, it has filed 23 new lawsuits targeting entities like Binance, Anthony Scaramucci, SkyBridge Capital, Crypto.com, and even the Mark ...
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Kraken and Bitgo confirm May 30 FTX repayments plan
Kraken and Bitgo, the distribution agents selected by bankrupt exchange FTX, have confirmed that the second repayment for creditors will start soon. The two crypto firms sent emails to their customers ...
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