FTX
FTX customers to vote on multi-billion US dollar repayment plan
FTX customers will be asked in the coming weeks to vote on the failed crypto exchange’s multi-billion US dollar plan for compensating victims whose assets have been locked on...
FTX seeks to stop outside litigation against insiders, VC firms
FTX on Tuesday (Jun 4) asked a US judge to stop outside litigation against company insiders and venture capital (VC) firms accused of playing a role in the bankrupt...
FTX has billions more than needed to pay bankruptcy victims
CRYPTOCURRENCY exchange FTX has amassed billions of US dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full...
Bitcoin faces worst month since FTX crash with ETF demand cooling
THE prospect of higher-for-longer interest rates is weighing on crypto, underlined by deepening Bitcoin losses after the token’s worst monthly drop since the collapse of Sam Bankman-Fried’s FTX empire...
Sam Bankman-Fried appeals fraud conviction, 25-year jail term
FALLEN cryptocurrency wunderkind Sam Bankman-Fried has appealed his federal conviction and 25-year jail sentence in a sweeping fraud case, according to a legal filing made public Thursday.News of the...
Frustration for some of Bankman-Fried’s victims who hoped for stiffer sentence
SOME former FTX customers expressed anger and disappointment on Thursday after Sam Bankman-Fried, the crypto exchange’s former billionaire boss, was sentenced to 25 years in prison for stealing $8 billion from...
Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud
SAM Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing US$8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step...
Sam Bankman-Fried: Fallen Crypto Mogul Sentenced to 25 Years in Prison for Multi-Billion Dollar FTX Fraud as Judge Calls Him ‘Power-Obsessed Scammer’
A Manhattan judge slammed Sam Bankman-Fried, branding him a "remorseless" scammer fixated on political influence, as he handed the fallen crypto mogul a 25-year prison sentence on Thursday. This...
