Browsing Tag
FTX
595 posts
Bankman-Fried sentenced to 25 years in prison
Sam Bankman-Fried has been sentenced to 25 years in prison. FTX imploded in November 2022, with customers losing…
FTX founder Sam Bankman-Fried sentenced to 25 years in prison
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison by Judge Lewis Kaplan.
DOJ submits 52 victim statements ahead of Sam Bankman-Fried sentencing
The U.S. DOJ has submitted 52 victims’ statements to the Attorney’s Office, as Sam Bankman-Fried is scheduled for…
FTX to sell $884m Anthropic stake to Abu Dhabi firm, 20 other investors
FTX is selling two-thirds of its shares in Anthropic at $884 million, most of which are being acquired…
Sovereign funds circle FTX’s $1b stake in Anthropic
Investment giants and sovereign wealth funds are showing a keen interest in acquiring FTX’s shares in AI startup…
FTX Creditor secures $60m in claims from former customers
A venture led by a former FTX executive has effectively secured $60 million in bankruptcy claims from affected…
Pantera Capital eyes $250 million SOL purchase from FTX estate
Pantera has opened a fundraising program to potentially scoop up $250 worth of Solana (SOL) tokens from the…
BlockFi customers could receive $250 million ahead of other creditors in FTX settlement
Settlement filing reveals BlockFi customers might get early payouts from $250 million secured claim against FTX and Alameda…
Crypto exchange Gemini planned public debute via Genesis merger, court documents show
Winklevoss’ crypto exchange Gemini was exploring an option to merge with crypto broker Genesis to compete with Coinbase…
Crypto crime wave: FBI reports 53% rise in 2023, losses near $4b
According to a new FBI report, crypto scams accounted for 86% of all investment fraud losses in the…