ftx collapse

ftx-founder-sam-bankman-fried-appeals-fraud-conviction
Posted by | April 11, 2024
FTX Founder Sam Bankman-Fried Appeals Fraud Conviction

FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so. Bankman-Fried was convicted last November...

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bankers-are-lining-up-buyers-for-ftx’s-8%-stake-in-ai-startup-anthropic:-report
Posted by | March 22, 2024
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report

Buyers are lining up to buy FTX’s 8% stake in AI startup Anthropic, according to a new report from CNBC. The shares were purchased in 2021 for $500 million – but...

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Posted by | March 6, 2024
BlockFi Settles With FTX, Alameda Estates for $874.5M

BlockFi has settled with the estates of FTX and Alameda Research for nearly $1 billion dollars. The three companies had a long and complicated relationship, but this settlement brings BlockFi...

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Posted by | February 1, 2024
FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange

The U.S. federal government on Wednesday charged three people with a yearslong phone hacking conspiracy that culminated in the infamous theft of $400 million from FTX as Sam Bankman-Fried's crypto...

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Posted by | January 17, 2024
Sam Bankman-Fried’s Parents Ask Court to Dismiss FTX’s Lawsuit Seeking to Recover Funds

Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried, have asked a court to dismiss a lawsuit by the bankrupt cryptocurrency exchange FTX seeking to recover funds it alleges...

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Posted by | December 13, 2023
CFTC Pushes FTX-Inspired Rule to Protect Customers’ Money

The U.S. Commodity Futures Trading Commission took a step toward requiring derivatives clearing organizations, a key type of intermediary in the industry, to keep their customers' money segregated from their...

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Posted by | December 12, 2023
FTX And IRS Lock Horns Over $24 Billion Tax Bill, FTT’s Key Support Wavers

In a striking turn of events, the Internal Revenue Service (IRS) in the United States has presented a staggering tax bill of $24 billion against the bankrupt cryptocurrency exchange FTX. ...

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Posted by | December 1, 2023
Disgraced FTX Co-Founder Placed On Suicide Watch In Prison, Reveals Former Inmate

Sam Bankman-Fried , the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated.  According to...

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Posted by | November 23, 2023
From Crypto To Catch: Disgraced FTX Founder Turns To Trading Fish In Prison

According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where...

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bankrupt-crypto-firms-ftx-and-blockfi-given-green-light-to-negotiate-settlement
Posted by | November 14, 2023
Bankrupt Crypto Firms FTX And BlockFi Given Green Light To Negotiate Settlement

In a significant development, US Bankruptcy Judge Michael Kaplan has made a ruling to lift the stay suit, enabling the resumption of trial proceedings in the ongoing legal dispute between...

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