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FTX
595 posts
FTX pushes for settlement, Stake suffers massive hack, regulatory efforts thrive | Weekly Recap
This week, FTX initiated creditor settlement initiatives, as regulatory efforts commanded significant attention. Meanwhile, Stake fell victim to…
SBF blames slow internet as lawyers refute DoJ claims that computer access is sufficient
Bankman-Fried, despite being granted access to an internet-enabled computer, struggles to upload documents due to poor internet speeds,…
FTX looks to claw back millions paid to Shaq, other celebrity endorsers
Financial advisers for the failed crypto exchange FTX are probing whether millions of dollars paid to celebrity athletes,…
Apple buys rights to book on SBF for $5m
Apple reportedly acquired the rights to a book by author Michael Lewis based on FTX founder Sam Bankman-Fried’s…
Former FTX executive will reportedly plead guilty to criminal charges
Ryan Salame, a former FTX executive, is set to plead not guilty in a Manhattan court on Sep.…
Crypto market makers’ profits rapidly shrinking amid liquidation, legal woes
Growing operational costs, lack of trust, and legal scrutiny mark massive losses for crypto market makers
FTX moving coins to BitGo, plans to settle the over $8B debt ongoing
FTX, the defunct crypto exchange, has been consolidating coins as part of efforts to settle over $8 billion…
Lawyers question SBF can prepare for trial, prosecutors disagree
Former FTX CEO Sam Bankman-Fried’s lawyers question whether he can prepare for trial, while prosecutors claim that his…
Crypto firm crises bring over $700m to legal professionals
The legal industry has risen as a major beneficiary amid the financial downturn of several prominent cryptocurrency firms,…
SBF seeks court injunction to halt prosecutor’s evidence
Sam Bankman-Fried, the founder of now-defunct crypto exchange FTX, urged the court to reject the prosecutor’s limine requests.…
