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 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 ...
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 ...
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 ...
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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 ...
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 ...
FTX's creditors will receive a share of their lost funds starting May 30, 2025. BitGo and Kraken — two of the approved distribution agents—are emailing clients to confirm that funds transferred from ...
Binance faced intense U.S. scrutiny following the 2022 FTX collapse, culminating in a $4 billion settlement and CZ’s prison term. ・CZ said the crypto industry has already endured its darkest quarter, ...
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